Singapore’s Avation repurchases $1.61 million of 6˝% notes due 2021

By Taylor Fox

New York, Aug. 12 – Avation plc has repurchased $1.61 million of 6˝% senior notes due 2021 issued by Avation Capital SA under Avation’s global medium-term note program, according to a London Stock Exchange notice.

The notes were acquired through the market at a price equal to 71% of face value and will be cancelled.

Following the repurchase, $343,957,000 in notes remain outstanding.

Avation is a Singapore-based aircraft lessor.

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