Related Issuers
by Chris Reich
Apr 24, 2024 11:27 AM ET
Avia Solutions Group (ASG) Plc, one of the world’s largest providers of flexible outsourced passenger and cargo capacity solutions with operations in more than 46 countries across five continents, rated BB (stable outlook) by Fitch and BB- (stable outlook) by S&P, has mandated Citi and Morgan Stanley as Joint Bookrunners to arrange a series of fixed income investor calls starting 25th April 2024. A US$400 million (expected) Rule 144A / Reg S senior unsecured offering (the “Notes“) with a 5 year non-call 2 maturity may follow, subject to market conditions. The Notes are expected to be rated BB by Fitch and BB- by S&P and will be issued by ASG Finance Designated Activity Company (ticker: AVISASG, country: IE), a wholly-owned subsidiary of Avia Solutions Group (ASG) Plc (the Parent Guarantor), and will be unconditionally and irrevocably guaranteed by the Parent Guarantor and certain of its subsidiaries. HQ: Dublin, Ireland.