FTAI Aviation Announces Early Tender Results for its 9.750% Senior Notes Due 2027
NEW YORK, June 19, 2024 (GLOBE NEWSWIRE) — FTAI Aviation Ltd. (NASDAQ:FTAI), a Cayman Islands exempted company (the “Company” or “FTAI”) announced today the early tender results of the previously announced cash tender offer (the “Tender Offer”) to purchase for cash up to $300,000,000 aggregate principal amount (the “Tender Cap”) of Fortress Transportation and Infrastructure Investors LLC’s (“FTAI LLC”) outstanding 9.750% Senior Notes due 2027 (the “2027 Notes”), on the terms and conditions set forth in FTAI LLC’s Offer to Purchase, dated June 3, 2024, as amended on June 3, 2024 and June 17, 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.