Less Ads, More Data, More Tools Register for FREE

Pin to quick picksAvation Regulatory News (AVAP)

Share Price Information for Avation (AVAP)

Share Price is delayed by 15 minutes
Get Live Data
133.50    -1.50 (-1.11%)
Bid:
133.50
Ask:
137.50
Spread: 4.00 (2.996%)
Market Cap: £80.00m
AVAP Live PriceLast checked at - London Stock Exchange

Intraday Avation Share Chart

NEW BOND ISSUE – GMTN PROGRAMME

21 Oct 2025 13:57

RNS Number : 2579E
Avation PLC
21 October 2025
 

 Via RNS and SGXNET

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, EXCEPT TO "QUALIFIED INSTITUTIONAL BUYERS" ("QIBs") IN RELIANCE ON RULE 144A ("RULE 144A") UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR IN OR INTO ANY OTHER JURISDICTION IF SUCH AN ACTION IS PROHIBITED BY APPLICABLE LAW.

 

AVATION PLC

("Avation" or "the Company")

 

NEW BOND ISSUE - GMTN PROGRAMME

This announcement is not an offer to sell or a solicitation of any offer to buy the securities of Avation Group (S) Pte. Ltd. or Avation PLC (the "Securities") in the United States, European Economic Area (including the United Kingdom), Japan, Hong Kong, Luxembourg, Singapore, or in any other jurisdiction where such offer or sale would be unlawful.

The Securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the laws of any state of the United States. Consequently, the Securities may not be offered, sold or otherwise transferred within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. No public offering of the Securities is being or will be made in the United States.

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company advises that further to its announcement today regarding the establishment of a new US$1,000,000,000 Global Medium Term Note Programme ("GMTN Programme"), it is proposing the issue of notes under the GMTN Programme as follows:

Issuer

Avation Group (S) Pte. Ltd.

Guarantor

Avation PLC

Face Amount

$300 million

Security

Senior Notes due 2031

Structure

5.5NC2 (1st call @ Par + 50% of coupon)

Minimum Denoms

$200,000 x $1,000

Distribution

144A / Reg S for Life

Initial Price Talk (IPT)

Low-Mid 8%s

Business Description

Avation PLC (LSE: AVAP, "Avation" or the "Company") is an aircraft leasing group managing a fleet of 33 commercial aircraft, including turboprop, widebody and narrowbody styles. Avation leases its fleet to 16 airline customers in 14 countries across Europe and Asia

Use Of Proceeds

To refinance its existing Senior Notes due 2026 and pay transaction related fees and expenses

Settlement

T+10

Joint Lead Managers

WFS (B&D) / HSBC

Managers

Deutsche Bank / MUFG / Crédit Agricole CIB / Zeus Capital / Imperial Capital / Pareto Securities

Timing

Pricing Thursday, October 23rd

Investor Call

Today, October 21, at 11:00 AM ET

CALL INFO & SLIDES:

To participate in the Conference Call, register using the link below to:

https://www.netroadshow.com/events/login/LE9zwo49B5i80PfqkwwR4SQiz4Fz0q2qMYb

· Avoid wait time - Bypass speaking with an operator to join the call

· Receive a Calendar Invitation with call access details including your unique PIN

· Access Slides

· Receive Replay details

CALL ONLY: If you require operator assistance, please use the following dial-in numbers:

Operator Assisted Dial-In:

United States (Local): +1 646 844 6383

United States (Toll-Free): +1 833 470 1428

United Kingdom (Local): +44 20 8068 2558

United Kingdom (Toll-Free) : +44 808 189 6484

Global Dial-In Numbers

Access Code: 891960

* * *

FCA / ICMA stabilization applies.

This announcement is not an offer to sell or a solicitation of any offer to buy the securities of Avation Group (S) Pte. Ltd. or Avation PLC (the "Securities") in the United States, European Economic Area (including the United Kingdom), Japan, Hong Kong, Luxembourg, Singapore, or in any other jurisdiction where such offer or sale would be unlawful.

The Securities have not been and will not be registered under the Securities Act, or the laws of any state of the United States. Consequently, the Securities may not be offered, sold or otherwise transferred within the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state laws. No public offering of the Securities is being or will be made in the United States.

This communication is being distributed to and is only directed only at (i) persons who are outside the United Kingdom; (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order"); (iii) high net worth entities falling within Article 49(2)(a) to (d) of the Order; and (iv) other persons to whom it may lawfully be communicated (all such persons in (i), (ii), (iii) and (iv) above together being referred to as "relevant persons"). Any invitation, offer or agreement to subscribe for, purchase or otherwise acquire securities will be engaged in only with relevant persons. Any person who is not a relevant person should not act or rely on this communication or any of its contents.

In any member state of the European Economic Area, this communication is only addressed to and is only directed at qualified investors in such member state within the meaning of the Prospectus Regulation EU 2017/1129 (the "Prospectus Regulation"), and no person that is not a qualified investor may act or rely on this communication or any of its contents. In the United Kingdom, this communication is only addressed to and is only directed at qualified investors within the meaning of the Prospectus Regulation as it forms part of domestic law, and no person that is not a qualified investor may act or rely on this communication or any of its contents.

 

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive Chairman +65 6252 2077

Avation welcomes shareholder questions and comments and advises the email address is: investor@avation.net

Notes to Editors: Avation PLC is a commercial passenger aircraft leasing company, headquartered in Singapore, owning and managing a fleet of widebody, narrowbody jet and turboprop aircraft which it leases to airlines across the world. The Company's customers include 16 airlines in 14 countries. Avation's fleet of aircraft is currently fully leased and utilised. The Company is listed on the London Stock Exchange with ticker AVAP.L, more information on Avation is available at www.avation.net.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
IODPKDBPBBDDQKB
Date   Source Headline
1st Nov 20238:38 amRNSWARRANT GRANT AND DIRECTORS’ DEALING
30th Oct 20237:00 amRNSSALE OF ATR 72-500 AIRCRAFT
27th Oct 20237:27 amRNSNotice of AGM
25th Oct 20237:00 amRNSHolding(s) in Company
19th Oct 20237:00 amRNSHolding(s) in Company
3rd Oct 20238:39 amRNSHolding(s) in Company
2nd Oct 202311:46 amRNSHolding(s) in Company
28th Sep 20237:00 amRNSUNAUDITED RESULTS FOR THE YEAR ENDED 30 JUNE 2023
22nd Sep 20237:00 amRNSFINANCIAL YEAR 2023 RESULTS AND INVESTOR CALL
11th Sep 20237:00 amRNSCEBU LEASE
5th Jul 20236:22 pmRNSTrading Statement
18th May 20237:49 amRNSBLOOMBERG INTELLIGENCE WEBINAR
10th May 20237:00 amRNSTRADING UPDATE
13th Apr 20237:00 amRNSSALE OF ATR 72-600 AIRCRAFT
29th Mar 20237:00 amRNSADMISSION OF NEW ORDINARY SHARES
24th Mar 20237:00 amRNSEXERCISE OF WARRANTS AND DIRECTORS’ DEALING
20th Mar 20237:07 amRNSAircraft Delivery
9th Mar 20237:00 amRNSDIRECTOR’S SENIOR NOTES DEALING
8th Mar 20237:00 amRNSWARRANT GRANT AND DIRECTORS’ DEALING
3rd Mar 20237:01 amRNSUNAUDITED RESULTS FOR SIX MONTHS ENDING DEC 2022
2nd Mar 20237:06 amRNSNEW AIRLINE CUSTOMER
24th Feb 20237:02 amRNSESG REPORT PUBLISHED
24th Feb 20237:00 amRNSINTERIM RESULTS AND INVESTOR UPDATE CALL
24th Feb 20237:00 amRNSPRE RESULTS TRADING UPDATE
20th Feb 20237:00 amRNSExpiration and Results of Tender Offer
16th Feb 20237:00 amRNSSALE OF BOEING 737-800
10th Feb 20238:38 amRNSTENDER OFFER AMENDMENT
7th Feb 20233:48 pmRNSHolding(s) in Company
6th Feb 20239:27 amRNSADMISSION OF NEW ORDINARY SHARES
6th Feb 20237:18 amRNSESG RATINGS UPDATE
3rd Feb 20237:00 amRNSTRADING UPDATE AND RESULTS TIMETABLE
1st Feb 20237:00 amRNSWARRANT EXERCISE AND DIRECTOR DEALING
27th Jan 20237:01 amRNSEXECUTIVE CHANGE AND DIRECTOR’S DEALING
27th Jan 20237:00 amRNSTENDER OFFER AMENDMENT
22nd Dec 20227:00 amRNSSALE OF TWO AIRCRAFT AND ANALYST QUESTION
15th Dec 20227:00 amRNSBOND TENDER EXTENSION
14th Dec 20228:09 amRNSVOTING RIGHTS, DIRECTOR APPOINTS, ANALYST QUESTION
13th Dec 20224:40 pmRNSSecond Price Monitoring Extn
13th Dec 20224:35 pmRNSPrice Monitoring Extension
13th Dec 202211:05 amRNSSecond Price Monitoring Extn
13th Dec 202211:00 amRNSPrice Monitoring Extension
13th Dec 202210:59 amRNSAGM RESULTS
13th Dec 20227:02 amRNSAGM Statement
1st Dec 20227:00 amRNSTENDER EXTENSION
25th Nov 20227:17 amRNSIssue of Equity
18th Nov 20229:12 amRNSEQUITY ISSUE WARRANT EXERCISE DIRECTOR’S DEALING
18th Nov 20227:51 amRNSNOTICE OF ANNUAL GENERAL MEETING
18th Nov 20227:00 amRNSTENDER EXTENSION
14th Nov 20227:00 amRNSREFINANCING OF AIRCRAFT FROM WAREHOUSE FACILITY
4th Nov 20227:00 amRNSPUBLICATION OF AUDITED FINANCIAL STATEMENTS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.