VistaJet to price $100 million tap of 10½% notes due 2024 on Friday

By Paul A. Harris

Portland, Ore., Jan. 28 – VistaJet Malta Finance plc and XO Management Holdings Inc. plan to price a $100 million add-on to their 10½% notes due June 1, 2024 on Friday, according to an informed source.

The Rule 144A and Regulation S deal was scheduled to be shopped on an investor conference call at 1 p.m. ET on Thursday.

Credit Suisse is the left lead.

The notes become callable on June 1, 2022 at 102.5.

The Baar, Switzerland-based airline plans to use the proceeds to repay certain outstanding secured aircraft financing debt.

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