Asset Acquisitions and Disposals::SALE OF AIRCRAFT AND TREASURY SALE OF NOTES

Issuer & Securities

Issuer/ Manager
AVATION CAPITAL S.A.
Securities
AVATIONCAPUS$100M7.5%N200527A - US05351QAA40 - 29YB
AVATIONCAPUS$100M7.5%N200527R - USL5647NAA20 - 29ZB
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
22-Jun-2016 14:16:53
Status
New
Announcement Sub Title
SALE OF AIRCRAFT AND TREASURY SALE OF NOTES
Announcement Reference
SG160622OTHRXOMP
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
21/06/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Avation, the commercial passenger leasing company, announces that it has completed the sale of one Airbus A320-200 aircraft. The sale was completed on the 20th of June 2016, the aircraft was manufactured in July 1993.

The Company further announces that it has, in response to a bid from one of its bond brokers, sold from treasury an aggregate nominal amount of US$1,100,000 of Avation Capital S.A. $100,000,000 7.5% guaranteed notes due 2020 at a price of 95.00 per cent. The Company currently no longer holds any such notes in treasury.

Attachments

avap_rns_a320 and bonds jun16 .pdf
Total size =4K