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Avation PLC announced on 17 April 2025 that it repurchased US$3,000,000 face value of Avation Capital S.A. Senior PIK Toggle Notes due 2026. The Notes were acquired at 97.50 per cent of face value and will be cancelled, leaving US$326,555,981 remaining Notes outstanding.
| Date | 17 Apr 2025 |
| Time | 07:06:35 |
| Category | Acquisitions and alliances |
| ID | 4391F |
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$3,000,000 face value of 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 97.50 per cent of face value and will be cancelled. Following cancellation there will be US$326,555,981 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 is: investor@avation.net
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.