REG - Avation PLC - AVATION SENIOR NOTES COUPON PAYMENT

AvationAnnouncement

13/05/2024 07:00

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RNS Number : 1307O  Avation PLC  13 May 2024

AVATION PLC

("Avation" or "the Company")

 

AVATION SENIOR NOTES COUPON PAYMENT

 

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company,
advises that it has determined to pay cash for the interest coupon payable on
Avation Capital S.A.'s Senior PIK Toggle Notes due 2026 on 15 May 2024. The
company further advises that it has purchased into treasury US$10,000,000
Avation Capital S.A. Senior PIK Toggle Notes due 2026 issued under Avation's
global medium term note programme. The notes were acquired at a price equal to
85.75 per cent of face value. The amount of bonds in issue net of those held
in treasury is US$331,555,981 as at 13 May 2024.

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive
Chairman
+65 6252 2077

Avation welcomes shareholder questions and comments and advises the email
address for questions is: investor@avation.net (mailto:investor@avation.net)
and the Company provides an investor Q & A during the conference call
associated with release of results. The head office telephone number is +65
6252 2077.

Notes to Editors:

Avation PLC is a commercial passenger aircraft leasing company, headquartered
in Singapore, owning and managing a fleet of widebody, narrowbody jet and
turboprop aircraft which it leases to airlines across the world. The Company's
customers include 16 commercial airlines in 14 countries. Avation's fleet of
aircraft is currently fully leased and utilised. The Company is listed on the
London Stock Exchange with ticker AVAP.L, more information on Avation is
available at www.avation.net.

 

 

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