Senior Notes Repurchase
Avation repurchased US$2m of Senior PIK Toggle Notes due 2026 at 98.5% of face value.
- Notes repurchased US$2,000,000 face value
- Repurchase price 98.5% of face value
- Remaining Notes outstanding US$329,555,981
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Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that it has repurchased US$2,000,000 in face value of its Avation Capital S.A. Senior PIK Toggle Notes due 2026 (the "Notes") issued under Avation's global medium term note programme. The notes were acquired at a price equal to 98.5 per cent of face value and will be cancelled. Following cancellation there will be US$329,555,981 remaining Notes outstanding.
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