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Avation PLC announced on 29 April 2025 that it repurchased US$1,940,000 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. Following cancellation, US$324,615,981 in Notes remain outstanding.
| Date | 29 Apr 2025 |
| Time | 07:58:19 |
| Category | Corporate updates |
| ID | 5984G |
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$1,940,000 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$324,615,981 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.