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On May 1, 2025, Avation PLC announced it repurchased US$1,060,000 face value of Avation Capital S.A. Senior PIK Toggle Notes due 2026 at a price of 97.25 per cent of face value. These Notes will be cancelled, leaving US$323,555,981 outstanding.
| Date | 1 May 2025 |
| Time | 07:09:31 |
| Category | Acquisitions and alliances |
| ID | 0098H |
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$1,060,000 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 97.25 per cent of face value and will be cancelled. Following cancellation there will be US$323,555,981 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.