Air Global unit prices USD 425 million senior unsecured bond offering
AIIR•Bond offering priced
Air Global priced USD 425 million of 5-year senior unsecured notes due 2031.
The notes carry a 7.875% coupon.
Use of proceeds and settlement
Proceeds are earmarked to repay term loan and revolving credit facility borrowings.
Remaining funds will be allocated to general corporate purposes, including offering-related fees and expenses.
Settlement is expected around Oct. 1, 2026, subject to customary closing conditions.
