Singapore’s Avation repurchases $1 million of 6˝% notes due 2021

By Sarah Lizee

Olympia, Wash., June 4 – Avation plc said that on June 2 and June 3 it repurchased $1 million of 6˝% senior notes due 2021 issued by Avation Capital SA.

The notes were acquired through the market at a price of 76.25% and will be cancelled.

The notes were issued under Avation’s global medium-term note program.

Avation is a Singapore-based aircraft lessor.

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