Air Global unit AIR Limited launches USD senior unsecured notes offering - AIIR News | RalliesAir Global unit AIR Limited launches USD senior unsecured notes offering
A
AIIR• AIR Limited launches senior unsecured notes offering
- Air Global’s wholly owned unit AIR Limited launched a U.S. Dollar-denominated Rule 144A/Regulation S senior unsecured notes offering.
- Proceeds earmarked to repay term loan facility borrowings, revolving credit facility borrowings.
- Remaining funds targeted for general corporate purposes, including offering-related fees, expenses.
- Notes to be guaranteed on a senior basis by Air Global, certain AIR Limited subsidiaries.
- Pricing terms including interest rate to be set at launch, subject to market conditions.
GLD
•
