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PRICES U.S. DOLLAR DENOMINATED BOND TAP

PRICES U.S. DOLLAR DENOMINATED BOND TAP.

articleAvation PlcNovember 27, 20174/company/avation-plc/news/prices-us-dollar-denominated-bond-tap
PRICES U.S. DOLLAR DENOMINATED BOND TAP

About this update from Avation Plc

[{"type":"text","content":"\n \nRNS Number : 5946X Avation PLC 27 November 2017  \n\nAVATION PLC\n(\"Avation\" or \"the Company\")\nPRICES U.S. DOLLAR DENOMINATED BOND TAP\n \nAvation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, advises that it has priced and issued a US$10,000,000 tranche of its 7.5% senior notes due 2020 at a premium with a price of 100.83%. The notes issue is a tap of and to be consolidated into and form a single series with the existing US$140,000,000 senior notes due 2020 (the \"Notes\"). The issuance was made under Avation's Global Medium Term Notes Programme.\n \nFull details of the pricing of the issue are included below in this announcement.\n \nENDS\n \nNote to Editors: \nMore information on Avation PLC can be seen at: www.avation.net\nAvation PLC is a commercial passenger aircraft leasing company, owning and managing a fleet of jet and turboprop aircraft which it leases to airlines across the world. The Company's customers include Air France, Air India, Condor, Flybe, Fiji Airways, Thomas Cook, Virgin Australia, Mandarin Airlines and VietJet Air.\n \n \nFull text of the tap pricing announcement:\n \n  *** AVATION US$10m TAP OF US$140m 7.5% Notes due 2020: PRICED *** \nNOT FOR DISTRIBUTION IN OR INTO THE UNITED STATES OR TO U.S PERSONS (AS DEFINED IN REGULATION S (\"REGULATION S\") UNDER THE U.S. SECURITIES ACT OF 1933 (THE \"SECURITIES ACT\")), OR IN ANY JURISDICTION IN WHICH SUCH DISTRIBUTION WOULD BE PROHIBITED BY APPLICABLE LAW. \n \nISSUER:                                                Avation Capital S.A., a wholly owned subsidiary of Avation PLC \nGUARANTOR:                                        Avation PLC \nSeries:                                       ...

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