DAE Funding to roadshow $1.9 billion two-part notes starting Monday

By Paul A. Harris

Portland, Ore., July 14 – DAE Funding LLC plans to start a roadshow on Monday in New York for a $1.9 billion two-part offering of senior notes, according to an informed source.

The structures of the notes and sizes of the tranches remain to be determined.

An investor call is scheduled to get underway at 10:30 a.m. ET on Monday.

The roadshow travels to Boston on Wednesday.

The Rule 144A and Regulation S for life deal is expected to price late in the July 17 week.

Morgan Stanley & Co. is the bookrunner.

Proceeds will be used to fund Dubai Aerospace Enterprise’s acquisition of Dublin-based aircraft lessor AWAS from funds managed by Terra Firma Capital Partners and the Canadian Pension Plan Investment Board.

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