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FTAI Aviation - Tender Offer 2024 (2) (US) - Launch

FTAI Aviation Commences Cash Tender Offer for its 9.750% Senior Notes Due 2027 - 34960PAC5 - U3458LAG6
 

03 JUNE 2024


Full announcement including disclaimers and offer/distribution restrictions available via Globenewswire

Scroll below for news on previous offers related to this Issuer


NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (the “Company” or “FTAI”) is announcing today that Fortress Transportation and Infrastructure Investors LLC (“FTAI LLC”), a wholly owned subsidiary of the Company, has commenced an offer (the “Tender Offer”) to purchase for cash up to $100,000,000 aggregate principal amount of its outstanding 9.750% Senior Notes due 2027 (the “2027 Notes”) on the terms and conditions described in FTAI LLC’s Offer to Purchase, dated June 3, 2024 (the “Offer to Purchase”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.

The Tender Offer will expire at 5:00 p.m., New York City time, on July 2, 2024 (the “Expiration Time”), unless extended or earlier terminated by FTAI LLC. FTAI LLC reserves the right to amend, extend or terminate the Tender Offer at any time subject to applicable law.


The following table sets forth certain terms of the Tender Offer:



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FTAI Aviation Announces Expiration and Results of Cash Tender Offer for Any and All of Its Outstanding 6.50% Senior Notes Due 2025 - 34960PAB7 - US3458LAD3
 

11 APRIL 2024


Full announcement including disclaimers and offer/distribution restrictions available via Globenewswire


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"The Tender Offer expired at 5:00 p.m., New York City time, on April 8, 2024 (such date and time, the "Expiration Date"). For holders who delivered a Notice of Guaranteed Delivery and all other required documentation at or prior to the Expiration Date, upon the terms and subject to the conditions set forth in the Offer to Purchase and Notice of Guaranteed Delivery, the deadline to validly tender 2025 Senior Notes using the guaranteed delivery procedures set forth in the Offer to Purchase (the "Guaranteed Delivery Procedures") was 5:00 p.m., New York City time, on April 10, 2024. The Settlement Date for the Offer is April 11, 2024 (the "Settlement Date").


According to the information received from D.F. King & Co., Inc., the Tender Agent and Information Agent for the Tender Offer, as of the Expiration Date, $324,630,000.00 aggregate principal amount of the 2025 Senior Notes were validly tendered and not validly withdrawn (including 2025 Senior Notes tendered pursuant to the Guaranteed Delivery Procedures). The table below provides certain information about the tender offer, including the aggregate principal amount of the 2025 Senior Notes validly tendered and not validly withdrawn.




FTAI LLC plans to accept for purchase $324,630,000.00 aggregate principal amount of 2025 Senior Notes under the Tender Offer (including 2025 Senior Notes delivered pursuant to the Guaranteed Delivery Procedures)."


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FTAI Aviation Commences Cash Tender Offer for Any and All of Its Outstanding 6.50% Senior Notes Due 2025 - 34960PAB7 - US3458LAD3
 

02 APRIL 2024


Full announcement including disclaimers and offer/distribution restrictions available via SEC


NEW YORK, April 2, 2024 (GLOBE NEWSWIRE) – FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (the “Company” or “FTAI”) is announcing today that Fortress Transportation and Infrastructure Investors LLC (“FTAI LLC”), a wholly owned subsidiary of the Company, has commenced an offer (the “Tender Offer”) to purchase for cash any and all of the $650.0 million outstanding principal amount of its 6.50% Senior Notes due 2025 (the “2025 Senior Notes”) on the terms and conditions described in FTAI LLC’s Offer to Purchase, dated April 2, 2024 (the “Offer to Purchase”). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.

 

The following table sets forth certain terms of the Tender Offer:"



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