Air Canada purchases convertible notes
On December 20 Air Canada publicised the final results of its November 14 cash tender offer. The offer, which expired on December 19, was to purchase for cancellation up to US$300 million aggregate pr...
On December 20 Air Canada publicised the final results of its November 14 cash tender offer. The offer, which expired on December 19, was to purchase for cancellation up to US$300 million aggregate pr...
Gama Aviation, a provider of wide-ranging services to the industry, said it was "enjoying a solid trading performance in the second half [H2] of the year", putting projected earnings "in line with man...
SpiceJet has put forward a two-step transaction plan to clear the outstanding debts worth INR 25bn to lessors, reports Economic Times. Looks like the plan aims to turn lessors into potential investors...
Canadian company Chorus Aviation said on December 14 it would redeem the remaining US $115 million principal amount of its 6.00% senior debentures due December 31, with the redemption expected to clos...
The Asian Development Bank (ADB) and the Government of Papua New Guinea (PNG) today signed two loans to fund air services in PNG. The two loans amounting to almost $163 million were signed for the new...
In a much-needed relief for Hong Kong Airlines, the Hong Kong High Court has approved the airline’s $6.3bn debt restructuring plan. This will boost the airline’s survival chances following a tough yea...
Arthur J. Gallagher has acquired Aviation Insurance Australia for an undisclosed amount. Aviation Insurance Australia is a retail insurance broker serving aviation and aerospace clients throughout Au...
GMR Hyderabad International Airport Limited (GHIAL), a subsidiary of GMR airports, India has raised funds through the issuance of 10-year listed, rated, redeemable, secured non-convertible debentures ...
US-based Air Lease Corporation has closed a US $400 million unsecured term loan with final maturity set for 2027. The loan is to be used for "general corporate purposes", the lessor said in a statemen...
Dubai Aerospace Enterprise (DAE) Board of Directors and Shareholders have authorised an additional $300 million for bond repurchases to be conducted through open market transactions. To date, DAE has ...
A new secured deal from Airborne Capital has closed, earning the moniker of being only the third aviation asset-backed securitisation transaction to successfully close in 2022. The $303.7 million Mara...
MUFG has closed a senior secured $44 million, nine-year term loan facility for aircraft lessor Avation. The facility will go towards refinancing two of Avation’s leased Airbus A220-300 aircraft. June ...
We're Social