Senior Notes Repurchase
Avation repurchased US$3.5m face value of Senior PIK Toggle Notes due 2026 at 97.5% of face value.
- Senior Notes repurchased US$3,500,000 face value
- Repurchase price 97.5% of face value
- Remaining Notes outstanding US$320,055,981
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Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company announces that it has repurchased US$3,500,000 face value of 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 97.5 per cent of face value and will be cancelled. Following cancellation there will be US$320,055,981 remaining Notes outstanding.
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