Notes Repurchase Policy Update
Avation PLC announced on November 7, 2025, its ongoing consideration to repurchase newly issued US$300 million Avation Group (S) Pte. Ltd. Senior 8.5% Notes due 2031. These notes were issued under the company's recently established US$1 billion global medium term note programme. This strategic initiative aims to proactively manage its debt obligations, potentially reducing future interest expenses and enhancing financial flexibility. Avation will provide quarterly updates on repurchases, with the first summary expected in March 2026, and will announce any material transactions immediately, offering transparency on its debt management strategy.
Select text to share a quote on X · sign in to keep highlights & notes in your AVAP notes
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company announces that, further to its announcement on 9 May 2025, it will continue to consider the repurchase of newly issued US$300 million Avation Group (S) Pte. Ltd. Senior 8.5% Notes due 2031, which were issued under its recently established US$1 billion global medium term note programme.
Avation will update the market on a quarterly basis with a summary of repurchases and other relevant transactions completed in each quarter, save that material transactions will also be announced at the time of completion.
The first quarterly update is expected to be announced in March 2026.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.