New Term Loan B-5 Tranche Upsized by $175m to $675m from $500m
Dublin | 20 November, 2020: Avolon Holdings Limited (“Avolon”), the international aircraft leasing company, announces the successful pricing of a US$675 million Term Loan B Facility (the “Facility”). The Facility, which has a maturity date of December 2027, has been priced at LIBOR plus 2.50% with a LIBOR floor of 0.75%, and is subject to an Original Issue Discount (OID) of 99.00.