Finance

Avolon reprices and extends $2.3 billion term loan facility

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Avolon reprices and extends $2.3 billion term loan facility

Avolon has repriced and extended its $2.33 billion senior term loan B-6 facility. The facility priced at SOFR plus 1.75% - down from 2% - with a SOFR floor of 0.50%. The facility also includes an original issue discount (OID) of 99.875. “We are very pleased to have successfully extended the maturi...

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