Convertibles Calendar: Air Transport on tap on tap

Aug. 9:

AIR TRANSPORT SERVICES GROUP INC.

• $350 million six-year convertible notes

• $50 million greenshoe

• Coupon of 3.75% to 4% and an initial conversion premium of 42.5% to 45%

• Rule 144A

• Truist Securities (lead left) and Oppenheimer& Co. Inc.

• Proceeds to repurchase common stock from the initial purchasers of the notes and Amazon, fund the repurchase of $200 million in principal of its 1.125% convertible notes due 2024 and for general corporate purposes

• Wilmington, Ohio-based aviation holding company

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