Key Developments: Aircastle Ltd (AYR)
15.94USD
24 May 2013
$0.05 (+0.31%)
$15.89
$15.84
$15.95
$15.65
282,634
330,798
$16.05
$10.77
Latest Key Developments (Source: Significant Developments)
Aircastle Ltd Declares Common Dividend
Aircastle Ltd announced that the Board of Directors declared a second quarter 2013 cash dividend on its common shares of $0.165 per share, payable on June 14, 2013 to shareholders of record on May 31, 2013. Full Article
Aircastle Ltd Declares First Quarter 2013 Cash Dividend
Aircastle Ltd announced that the Board of Directors declared a first quarter 2013 cash dividend on its common shares of $0.165 per share, payable on March 15, 2013 to shareholders of record on March 4, 2013. Full Article
Aircastle Ltd Closes $150 Million Unsecured Revolving Credit Facility
Aircastle Ltd announced that it closed a $150 million unsecured revolving credit facility ("the Facility") among the Company, Citibank, N.A. as administrative agent and lender, Goldman Sachs Bank USA , as lender, JPMorgan Chase Bank, N.A., as lender and an affiliate of RBC Capital Markets, as lender. The Facility matures in December of 2015. Full Article
Aircastle Ltd Announces Pricing of Private Placement of $500 Million Aggregate Principal Amount of Senior Notes
Aircastle Ltd announced that the pricing of $500 million aggregate principal amount of 6.25% senior notes due 2019 (the notes). The notes were priced at par. The notes will be offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the Securities Act), and outside the United States in accordance with Regulation S under the Securities Act. Aircastle plans to use the net proceeds of the private placement for general corporate purposes, including the purchase of aviation assets. The notes have not been registered under the Securities Act or under any state securities laws. Therefore, Aircastle may not offer or sell the notes within the United States to, or for the account or benefit of, any United States person unless the offer or sale would qualify for a registration exemption from the Securities Act and applicable state securities laws. Full Article
Aircastle Ltd Declares Fourth Quarter 2012 Cash Dividend
Aircastle Ltd announced that the board of directors have declared a fourth quarter 2012 cash dividend on its common shares of $0.165 per share, payable on December 14, 2012 to shareholders of record on November 30, 2012. This is a 10% increase over the previous quarter's cash dividend. Full Article
Aircastle Ltd Announces Closing of Secondary Offering; Repurchases 2.5 million Common Shares; Appoints New Chairman
Aircastle Ltd announced underwritten public offering of 9,250,000 common shares on behalf of certain funds managed by affiliates of Fortress Investment Group LLC. As part of the offering, the Ontario Teachers' Pension Plan acquired 6,200,000 common shares of the Company. Goldman, Sachs & Co. acted as underwriter for the offering. The Company also announced the closing of the previously disclosed repurchase of 2,500,002 common shares of the Company from certain funds managed by affiliates of Fortress Investment Group LLC in a private, non-underwritten transaction at a cost of $28.5 million. Wesley R. Edens, who served as Chairman of the Board, and the Company's Deputy Chairman Joseph P. Adams, both executives at Fortress Investment Group LLC, resigned from the Company's Board of Directors following the completion of Fortress's sale of its remaining stake in Aircastle. The Company also announced the appointment of Peter V. Ueberroth as Chairman of the Board. Full Article
Aircastle Ltd Announces Launch And Pricing Of Secondary Offering Of 9.25 Million Common Shares
Aircastle Ltd announced that it was informed by certain funds managed by affiliates of Fortress Investment Group LLC that such funds are offering 9,250,000 common shares pursuant to Aircastle's shelf registration statement which was previously filed with the Securities and Exchange Commission. Aircastle will not sell any shares in the offering and will not receive any proceeds from the offering. Goldman, Sachs & Co. is acting as underwriter for the offering. Full Article
Aircastle Ltd Declares Third Quarter Dividend
Aircastle Ltd announced that the board of directors declared a third quarter 2012 cash dividend on its common shares of $0.15 per share, payable on September 14, 2012 to shareholders of record on August 31, 2012 Full Article
Aircastle Limited Announces Authorization Of Share Repurchase Program
Aircastle Limited announced that the Company's Board of Directors authorized the repurchase of up to $50 million of the Company's common shares. Under the program, the Company may purchase its common shares from time to time in the open market or in privately negotiated transactions. The amount and timing of the purchases will depend on a number of factors including the price and availability of the Company's common shares, trading volume and general market conditions. The Company may also from time to time establish a trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934 to facilitate purchases of its common shares under this authorization. Full Article
Aircastle Limited Announces Quarterly Dividend
Aircastle Limited announced that on May 2, 2012, Aircastle's Board of Directors declared a second quarter 2012, cash dividend on its common shares of $0.15 per share, payable on June 15, 2012, to shareholders of record on May 31, 2012. Full Article
New Issue- Aircastle sells $500 mln in notes
Nov 28 - Aircastle Ltd on Tuesday sold $500 million of senior notes in the 144a private placement market, said IFR, a Thomson Reuters service. The size of the deal was increased from $400 million. J.P. Morgan, Citigroup, Goldman Sachs and RBC were the joint bookrunning managers for the sale. BORROWER: AIRCASTLE AMT $500 MLN COUPON 6.25 PCT MATURITY 12/01/2019 TYPE SR NTS ISS PRICE 100 FIRST PAY 06/01/2013 MOODY'S Ba3 YIELD 6.25 PCT SETTLEMENT
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