REG - Avation PLC - NEW BOND ISSUE – GMTN PROGRAMME

AvationAnnouncement

Yesterday 14:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20251021:nRSU2579Ea&default-theme=true

RNS Number : 2579E  Avation PLC  21 October 2025

 Via RNS and SGXNET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, EXCEPT TO "QUALIFIED INSTITUTIONAL
BUYERS" ("QIBs") IN RELIANCE ON RULE 144A ("RULE 144A") UNDER THE U.S.
SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR IN OR INTO ANY
OTHER JURISDICTION IF SUCH AN ACTION IS PROHIBITED BY APPLICABLE LAW.

 

AVATION PLC

("Avation" or "the Company")

 

NEW BOND ISSUE - GMTN PROGRAMME

This announcement is not an offer to sell or a solicitation of any offer to
buy the securities of Avation Group (S) Pte. Ltd. or Avation PLC (the
"Securities") in the United States, European Economic Area (including the
United Kingdom), Japan, Hong Kong, Luxembourg, Singapore, or in any other
jurisdiction where such offer or sale would be unlawful.

The Securities have not been and will not be registered under the U.S.
Securities Act of 1933, as amended (the "Securities Act"), or the laws of any
state of the United States. Consequently, the Securities may not be offered,
sold or otherwise transferred within the United States except pursuant to an
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act and applicable state laws. No public
offering of the Securities is being or will be made in the United States.

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company
advises that further to its announcement today regarding the establishment of
a new US$1,000,000,000 Global Medium Term Note Programme ("GMTN Programme"),
it is proposing the issue of notes under the GMTN Programme as follows:

 Issuer                    Avation Group (S) Pte. Ltd.
 Guarantor                 Avation PLC
 Face Amount               $300 million
 Security                  Senior Notes due 2031
 Structure                 5.5NC2 (1st call @ Par + 50% of coupon)
 Minimum Denoms            $200,000 x $1,000
 Distribution              144A / Reg S for Life
 Initial Price Talk (IPT)  Low-Mid 8%s
 Business Description      Avation PLC (LSE: AVAP, "Avation" or the "Company") is an aircraft leasing
                           group managing a fleet of 33 commercial aircraft, including turboprop,
                           widebody and narrowbody styles. Avation leases its fleet to 16 airline
                           customers in 14 countries across Europe and Asia
 Use Of Proceeds           To refinance its existing Senior Notes due 2026 and pay transaction related
                           fees and expenses
 Settlement                T+10
 Joint Lead Managers       WFS (B&D) / HSBC
 Managers                  Deutsche Bank / MUFG / Crédit Agricole CIB / Zeus Capital / Imperial Capital
                           / Pareto Securities
 Timing                    Pricing Thursday, October 23(rd)
 Investor Call             Today, October 21, at 11:00 AM ET

CALL INFO & SLIDES:

To participate in the Conference Call, register using the link below to:

https://www.netroadshow.com/events/login/LE9zwo49B5i80PfqkwwR4SQiz4Fz0q2qMYb
(https://urldefense.com/v3/__https:/www.netroadshow.com/events/login/LE9zwo49B5i80PfqkwwR4SQiz4Fz0q2qMYb__;!!F9svGWnIaVPGSwU!oMq66uW6LtXjncgTa92_ADmDYUoCKOz-Uki7EQDEYqcckErBwlf6AXXzSy1PVj8_KyzohqccExTy4eNmAAQtPA$)

·      Avoid wait time - Bypass speaking with an operator to join the
call

·      Receive a Calendar Invitation with call access details including
your unique PIN

·      Access Slides

·      Receive Replay details

CALL ONLY: If you require operator assistance, please use the following
dial-in numbers:

Operator Assisted Dial-In:

United States (Local): +1 646 844 6383

United States (Toll-Free): +1 833 470 1428

United Kingdom (Local): +44 20 8068 2558

United Kingdom (Toll-Free) : +44 808 189 6484

Global Dial-In Numbers

Access Code: 891960

* * *

FCA / ICMA stabilization applies.

This announcement is not an offer to sell or a solicitation of any offer to
buy the securities of Avation Group (S) Pte. Ltd. or Avation PLC (the
"Securities") in the United States, European Economic Area (including the
United Kingdom), Japan, Hong Kong, Luxembourg, Singapore, or in any other
jurisdiction where such offer or sale would be unlawful.

The Securities have not been and will not be registered under the Securities
Act, or the laws of any state of the United States. Consequently, the
Securities may not be offered, sold or otherwise transferred within the United
States except pursuant to an exemption from, or in a transaction not subject
to, the registration requirements of the Securities Act and applicable state
laws. No public offering of the Securities is being or will be made in the
United States.

This communication is being distributed to and is only directed only at (i)
persons who are outside the United Kingdom; (ii) investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Order"); (iii) high net worth entities
falling within Article 49(2)(a) to (d) of the Order; and (iv) other persons to
whom it may lawfully be communicated (all such persons in (i), (ii), (iii) and
(iv) above together being referred to as "relevant persons"). Any invitation,
offer or agreement to subscribe for, purchase or otherwise acquire securities
will be engaged in only with relevant persons. Any person who is not a
relevant person should not act or rely on this communication or any of its
contents.

In any member state of the European Economic Area, this communication is only
addressed to and is only directed at qualified investors in such member state
within the meaning of the Prospectus Regulation EU 2017/1129 (the "Prospectus
Regulation"), and no person that is not a qualified investor may act or rely
on this communication or any of its contents. In the United Kingdom, this
communication is only addressed to and is only directed at qualified investors
within the meaning of the Prospectus Regulation as it forms part of domestic
law, and no person that is not a qualified investor may act or rely on this
communication or any of its contents.

 

-ENDS-

Enquiries:

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

Avation welcomes shareholder questions and comments and advises the email
address is: investor@avation.net

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 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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  IODPKDBPBBDDQKB



            Copyright 2019 Regulatory News Service, all rights reserved