, /PRNewswire/ -- Aircastle Limited ("Aircastle") announced today that it and its wholly-owned subsidiary, Aircastle ( ) Designated Activity Company (together with Aircastle, the "Issuers"), priced aggregate principal amount of 5.750% Senior Notes due 2031 (the "Notes") at an issue price of 99.640%.
The Issuers plan to use the net proceeds of the offering for general corporate purposes, which may include the acquisition of aircraft, as well as refinancing a portion of Aircastle's existing indebtedness. The offering is expected to close on , subject to the satisfaction of customary closing conditions. The Notes were offered in to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside pursuant to Regulation S under the Securities Act.
The Notes have not been and will not be registered under the Securities Act and may not be offered or sold in except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the Notes nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Aircastle Limited acquires, leases and sells commercial jet aircraft t.