Jun 2025
Conyers advised Aircastle Limited (“Aircastle”) in connection with the offering of US$500 million aggregate principal amount of its 5.250% senior notes due 2030 (the “Notes”) and the listing of the Notes on the Bermuda Stock Exchange (BSX).
The Notes were issued by Aircastle and its wholly-owned subsidiary, Aircastle (Ireland) Designated Activity Company (together, the “Issuers”). The offering closed on 31 January 2025. Conyers subsequently acted as listing sponsor on the Notes’ BSX listing which occurred on 4 March 2025.
Aircastle Limited acquires, leases, and sells commercial jet aircraft to airlines throughout the world. As of February 28, 2025, Aircastle owned and managed on behalf of its joint ventures 273 aircraft leased to 77 customers located in 47 countries.
Director Jason Piney, Senior Associates Andrew Barnes and Kathleen McBeath of Conyers’ Bermuda office advised on the matter, working alongside Skadden, Arps, Slate, Meagher & Flom LLP.
Conyers Securities (Bermuda) Limited, represented by Counsel David Stubbs and Associates Matthew MacLeod and Joshua DeAllie acted as listing sponsor for the Issuers.