Avolon notes due 2025 talked at Treasuries plus 150 bps area, notes due 2027 at 180 bps area spread

By Cristal Cody

Tupelo, Miss., Jan. 9 – Avolon Holdings Ltd. subsidiary Avolon Holdings Funding Ltd. (Baa3/BBB-/BBB-) plans to price two tranches of dollar-denominated senior notes on Thursday, according to a market source.

A tranche of notes due Feb. 15, 2025 is initially talked to print in the Treasuries plus 150 basis points area.

Initial price talk on a tranche of notes due Feb. 15, 2027 is in the 180 bps over Treasuries area.

Barclays, J.P. Morgan Securities LLC, Natixis, SG Americas Securities, LLC and Wells Fargo Securities LLC are the bookrunners.

Avolon held fixed income investor calls on Wednesday for the Rule 144A and Regulation S offering.

The aircraft leasing company is based in Dublin.

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