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Conyers provided Bermuda law advice to Avolon Holdings Limited (“Avolon”), the international aircraft leasing company, in connection with a senior notes offering by Avolon Holdings Funding Limited, a wholly-owned subsidiary of Avolon.
The offering, which priced on 6 September 2018, comprised US$1 billion aggregate principal amount of 5.125% Senior Notes due 2023, at par. Avolon used the net proceeds from this offering for general corporate purposes, which may include the future repayment of outstanding indebtedness.
Director Jason Piney and Associate Angela Atherden of Conyers’ Bermuda office advised on this matter, working alongside Weil, Gotshal & Manges LLP.