Lessor Aircastle has launched a $500 million senior unsecured issue, its first bond of 2017.
Initial price talk for the seven-year notes is a 4.125% to 4.25% coupon, a source close to the transaction says.
Proceeds of the bond would be used for general corporate purposes, including aircraft acquisitions and debt refinancing.
Citi, BNP Paribas, Credit Agricole, Deutsche Bank, Goldman Sachs, JP Morgan, Mitsubishi UFJ Securities, RBC Capital Markets are joint bookrunning managers of the transaction, says Aircastle.
Source: Cirium Dashboard
