Aircastle LTD 8-K

What Happened

• Aircastle Limited and its wholly-owned subsidiary Aircastle (Ireland) DAC issued $650 million aggregate principal amount of 5.000% Senior Notes due May 15, 2031 on April 28, 2026.
• The Notes are unsecured senior obligations of the issuers and are fully and unconditionally guaranteed on a senior unsecured basis by Aircastle Advisor LLC. Interest is 5.000% per year, payable semi‑annually beginning November 15, 2026.

Key Details

• Principal amount: $650,000,000; coupon: 5.000% per annum; maturity: May 15, 2031.
• Issuance date / Indenture: April 28, 2026 (indenture among the issuers, guarantor and Computershare Trust Company, N.A., as trustee).
• Redemption/repurchase: redeemable before April 15, 2031 with a make‑whole premium; on/after April 15, 2031 redeemable at 100% of principal; change of control repurchase at 101% plus accrued interest.
• Use of proceeds: general corporate purposes, which may include acquiring aircraft and refinancing existing indebtedness.
• Securities not registered under the Securities Act and may not be offered or sold in the U.S. absent registration or an applicable exemption.

Why It Matters

• The offering provides Aircastle with $650M of long‑term fixed‑rate financing, which can fund growth (e.g., aircraft purchases) or refinance current debt—affecting the company’s liquidity and capital structure.
• Investors should note the coupon and maturity profile (5.00% to 2031), senior unsecured status with a subsidiary guarantee, and the redemption and change‑of‑control repurchase features that affect potential returns and downside protection.
• The filing also includes a press release (Exhibit 99.1) announcing the transaction.