General Announcement::OUTCOME OF PROPOSED NOTE ISSUE

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
General Announcement
Date &Time of Broadcast
08-Nov-2017 16:24:32
Status
New
Announcement Sub Title
OUTCOME OF PROPOSED NOTE ISSUE
Announcement Reference
SG171108OTHR4L9W
Submitted By (Co./ Ind. Name)
DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
08/11/2017 16:15:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC LSE AVAP, the commercial passenger aircraft leasing company announces the outcome of its proposed note issue advised on the 7 November 2017. After consulting with the bookrunner the Company has decided to postpone this note issue. Notwithstanding significant overall potential demand, it was found that the proposed pricing did not match the Company s investment criteria. The Company would like to thank roadshow investors for their significant expressions of demand, analysis and feedback. The Company may look to engage with roadshow investors at a later date and appreciates their ongoing support.

Attachments

avap_rns_bond close announcement_8 nov2017.pdf
Total size =102K