Chorus Aviation announces $75 million bought deal offering of 5.75% Senior Unsecured Debentures
The Debentures will not be redeemable by Chorus before December 31, 2022, except upon the occurrence of a change of control of Chorus in accordance with the terms of the indenture governing the Debentures (the Indenture).
- The Debentures will not be redeemable by Chorus before December 31, 2022, except upon the occurrence of a change of control of Chorus in accordance with the terms of the indenture governing the Debentures (the Indenture).
- On and after December 31, 2023, the Debentures will be redeemable at Chorus option at a price equal to the principal amount of the Debentures redeemed plus accrued and unpaid interest.
- Chorus will be required to provide not more than 60 nor less than 40 days prior notice of redemption of the Debentures.
- Headquartered in Halifax, Nova Scotia, Chorus comprises Chorus Aviation Capital, a leading, global lessor of regional aircraft, and Jazz Aviation and Voyageur Aviation, companies that have long histories of safe operations with excellent customer service.