FLY Announces Price Of Unsecured Notes

FLY Leasing has announced the pricing of $400m aggregate principal amount of senior unsecured notes

FLY Leasing has announced the pricing of $400m aggregate principal amount of senior unsecured notes.

The notes consist of $75m aggregate principal amount of 6.75 per cent senior notes, due 2020, and $325m aggregate principal amount of 6.38 per cent senior notes, due 2021.

The lessor said it plans to use the net proceeds of the offering for general corporate purposes, including the acquisition of aircraft.

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