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Avation PLC announced on 14 March 2025 that it has repurchased US$2,000,000 in face value of its Avation Capital S.A. Senior PIK Toggle Notes due 2026. These Notes were acquired at 98.5 per cent of face value and will be cancelled, leaving US$329,555,981 in Notes outstanding.
| Date | 14 Mar 2025 |
| Time | 08:22:23 |
| Category | Miscellaneous |
| ID | 7332A |
Via RNS and SGXNET
AVATION PLC
("Avation" or "the Company")
SENIOR NOTES REPURCHASE
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, announces that it has repurchased US$2,000,000 in face value of its Avation Capital S.A. Senior PIK Toggle Notes due 2026 (the "Notes") issued under Avation's global medium term note programme. The notes were acquired at a price equal to 98.5 per cent of face value and will be cancelled. Following cancellation there will be US$329,555,981 remaining Notes outstanding.
-ENDS-
Enquiries:
Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077
Avation welcomes shareholder questions and comments and advises the email address for questions is: investor@avation.net and the Company provides an investor Q & A during the conference call associated with release of results. The head office telephone number is +65 62522077.
Notes to Editors: Avation PLC is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to airlines around the world. More information on Avation is available at www.avation.net.