Avolon prices new jumbo bond offering
Avolon has priced a $1bn fixed five-year senior unsecured bond offering priced at US Treasuries at +143 basis points with a coupon of 5.750%. Initial pricing talk (IPT) was set at +170 basis points, w...
Avolon has priced a $1bn fixed five-year senior unsecured bond offering priced at US Treasuries at +143 basis points with a coupon of 5.750%. Initial pricing talk (IPT) was set at +170 basis points, w...
Avolon's net income has increased 91% to $107 million in the first quarter of 2024, up from $56 million in the first quarter of 2023. Its total revenues increased 7.4% to $663.1 million, with lease re...
CDB Aviation, a wholly owned subsidiary of China Development Bank Financial Leasing, has closed the purchase of four aircraft from Avolon. The purchased assets comprise of one A330-900, two A321neo...
Avolon has executed 39 lease transactions in the first quarter of the year. The transactions are made up of new aircraft leases, follow-on leases, and lease extensions. Additionally, the aviation fina...
Avolon has made a sale and leaseback agreement with Philippines low-cost Cebu Pacific for four A330neos. The first aircraft is scheduled for delivery in late 2024 with the final delivery planned in 20...
Avolon reported a net income of $339 million for the full year of 2023. Its fourth quarter results also saw net income increase to $110 million, up from $41 million in Q4 2022. Operating cash flow for...
Commercial jet aircraft deliveries are expected to increase from $78bn in 2023 to an estimated $100bn in 2024, Avolon has found in its 2024 outlook report. With over 1,200 aircraft delivered in 2023, ...
WestJet is to boost its fleet of over 180 aircraft with five brand new 737 MAX 8s, three to be leased from the China Development Bank Financial Leasing Co (CBD Aviation) and two from international air...
Avolon has priced an offering of $1.15bn 5.75% senior unsecured notes due 2029. Proceed from the bonds, which are issued under Rule 144A, will be used for general corporate purposes, which may include...
Avolon has consolidated the $656 million TLB-5 and $1.68 billion TLB-6 tranches of its senior secured Term Loan B facility into one $2.33 billion TLB-6 tranche. The combined TLB-6 is priced at the Sta...
Global aviation finance company Avolon has received approval from Bohai Leasing Co, Avolon’s 70% shareholder, for 140 aircraft it has on order; making deals with Boeing and Airbus now unconditional. F...
Avolon has ordered 100 additional aircraft, taking its yearly orderbook from the two major airframe manufcturers to 200. The latest additions to Avolon’s inventory include 100 A321neo and 40 737 MAX a...
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