Chorus Aviation plans to redeem 6% debentures due 2024

Chicago, Sept. 16 – Chorus Aviation Inc. announced that it will use the proceeds from a new offering to redeem its 6% debentures due Dec. 31, 2024, according to a press release.

Details of the upcoming redemption were not yet provided.

The 6% notes are secured by certain aircraft and real estate owned by the company’s subsidiaries. The security will be released once the 6% debentures have been redeemed.

The Dartmouth, N.S.-based holding company controls regional and charter airline operator Jazz Aviation LP.

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