Avolon has priced its 4.900% $650 million senior unsecured notes due 2030.
The offering is expected to close on July 10, 2025. Net proceeds will be used for general corporate purposes, which may include the future repayment of outstanding indebtedness.
Bookrunners on the deal were Barclays, Bank of Montreal, Credit Agricole CIB, HSBC, and Wells Fargo.
Avolon acquired a total of 15 aircraft during the second quarter of the year, the company revealed in an operational update on July 7, 2025.
During the first three months of the year the lessor sold 20 aircraft, with an additional 54 agreed for sale at the end of the quarter
Avolon also placed 26 aircraft from its orderbook during the first quarter, closing the period with 98% of its orderbook committed for delivery over the next 24 months.
By the end of the quarter, Avolon had an owned, managed and committed fleet of 1,076 aircraft, including orders and commitments for 443 new technology aircraft.