Fly Leasing Limited launches its $100 million tack-on senior notes offering
The Additional Notes will be fungible with the Companys existing approximately $290.4 million aggregate principal amount of 7.000% Senior Notes due 2024 (the Existing Notes) issued under the indenture, dated as of August 2, 2021, governing the Existing Notes, and will have the same terms as the Existing Notes (other than the initial offering price and the issue date).
- The Additional Notes will be fungible with the Companys existing approximately $290.4 million aggregate principal amount of 7.000% Senior Notes due 2024 (the Existing Notes) issued under the indenture, dated as of August 2, 2021, governing the Existing Notes, and will have the same terms as the Existing Notes (other than the initial offering price and the issue date).
- The Company intends to use the net proceeds from the offering for general corporate purposes.
- FLY is a global aircraft leasing company with a fleet of modern and fuel-efficient commercial jet aircraft.
- FLY leases its aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world.