Signature Aviation pushes redemption date on 5 3/8% notes to June 7

Chicago, May 28 – Signature Aviation US Holdings, Inc. extended the date for its redemption of its 5 3/8% senior notes due 2026 to June 7, according to a press release.

The company had initially announced a June 1 redemption.

The redemption was conditioned upon an acquisition condition regarding the entire issued and to be issued share capital of Signature, other than shares in Signature owned or controlled by Cascade Investment, LLC and the Bill & Melinda Gates Foundation Trust, by Brown Bidco Ltd. and Brown Group Holding, LLC. It was also tied to a financing condition.

The redemption price is still 102.6875, plus interest to the redemption date.

Signature Aviation is a London-based aviation services company.

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