Cahill Represented Initial Purchasers in $400 Million Offering of Preference Shares of Aircastle Limited
Date: 06/08/21
Cahill represented the initial purchasers in connection with a Rule 144A offering by Aircastle Limited of 400,000 depositary shares, each representing a 1/1,000th interest in a share of 5.250% Series A Cumulative Redeemable Perpetual Preference Shares, resulting in gross proceeds of $400 million. Proceeds from the offering are intended to be used for general corporate purposes, which may include the repayment, refinancing or redemption of indebtedness. Aircastle Limited is an aircraft leasing company that acquires, leases and sells commercial jet aircraft to airlines around the world.