E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/10/2023 in the Prospect News Bank Loan Daily.

Macquarie AirFinance to repay term loan, revolver via new notes

By Marisa Wong

Los Angeles, April 10 – Macquarie AirFinance Holdings Ltd. plans to prepay a portion of the outstanding principal amount of its term loan dated June 9, 2015 and to repay a portion of the principal amount outstanding under its revolver dated May 15, 2018 using proceeds from an offering of new notes, according to a press release.

The company announced on Monday that it has begun a private offering of $500 million of senior notes due 2028.

Macquarie AirFinance owns and leases commercial jet aircraft internationally through offices in North America, Europe and Asia. The Dublin-based company is owned by Macquarie Asset Management (50%), PGGM Infrastructure Fund (25%) and Australia Retirement Trust (25%).


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.