By Wendy Van Sickle
Columbus, Ohio, Jan. 16 – Avolon Holdings Ltd. subsidiary Avolon Holdings Funding Ltd. priced a $1.15 billion offering of 5.75% senior notes due 2029 on Tuesday, according to a news release.
Proceeds of the Rule 144A and Regulation S offering will be used for general corporate purposes, including repayment of existing debt.
The aircraft leasing company is based in Dublin.
| Issuer: | Avolon Holdings Funding Ltd.
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| Guarantors: | Avolon Holdings Ltd. and certain subsidiaries
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| Amount: | $1.15 billion
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| Issue: | Senior notes
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| Maturity: | 2029
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| Coupon: | 5.75%
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| Pricing date: | Jan. 16
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| Settlement date: | Jan. 25
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| Distribution: | Rule 144A and Regulation S
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