SENIOR NOTES – ALL CASH INTEREST ELECTION
Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
SENIOR NOTES - ALL CASH INTEREST ELECTION
Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company announces that it has elected to pay all cash interest at 8.25 per cent per annum on its US$350 million Senior PIK Toggle Notes due 2026 issued under its Global Medium Term Note Programme. The all cash interest will be payable to holders of the notes on 15 May 2022 in accordance with the terms and conditions of the notes.
ENDS-
Enquiries:
Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077
Avation welcomes shareholder questions and comments and advises the email address is: [email protected]
Notes to Editors:
Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world. More information on Avation is available at www.avation.net.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.