GMTN Programme quarterly update
Quarterly update on US$300m Senior 8.5% Notes due 2031 outstanding under US$1bn GMTN programme.
- Principal amount of Notes outstanding US$300,000,000
- Notes held in treasury US$2,000,000
- GMTN programme size US$1,000,000,000
- Coupon rate 8.5%
- Maturity year 2031
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Avation PLC (LSE: AVAP, Avation or "the Company"), the commercial passenger aircraft leasing company, announces that its wholly owned subsidiary, Avation Group (S) Pte. Ltd. (the "Issuer"), is providing
its quarterly update on its Senior 8.5% Notes due in 2031, issued under its US$1 billion global medium term note programme (the "Notes").
The principal amount of the Notes outstanding is US$300,000,000, of which US$2,000,000 is held in treasury. The Notes held in treasury do not carry voting rights or accrue interest.
The Company may continue to purchase Notes in the open market, subject to market conditions, liquidity, and other considerations. Further details will be provided in the next quarterly update.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.