Avolon has priced its private offering of $1.25bn senior unsecured notes due 2032. The offering has a 4.950% coupon.
The offering is expected to close by September 11, 2025. Net proceeds from the offering will be used to repurchase debt securities in the previously disclosed cash tender offers and to pay related expenses. Any remaining net proceeds will be used for general corporate purposes, which could include repaying debts.