FLY Leasing has launched a proposal to offer and sell $250 million in aggregate principal amount of its senior unsecured notes in an underwritten public offering. The net proceeds from the sale of the notes will be used for general corporate purposes, including the acquisition of aircraft.
Moody's has rated FLY Leasing $250 million senior unsecured notes as B3.
Jefferies is acting as the bookrunner.
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