Avation PLC OUTCOME OF PROPOSED NOTE ISSUE (8841V)
08 November 2017 - 6:09PM
UK Regulatory
TIDMAVAP
RNS Number : 8841V
Avation PLC
08 November 2017
AVATION PLC
("Avation" or "the Company")
OUTCOME OF PROPOSED NOTE ISSUE
Avation PLC (LSE: AVAP), the commercial passenger aircraft
leasing company announces the outcome of its proposed note issue
advised on the 7 November 2017. After consulting with the
bookrunner the Company has decided to postpone this note issue.
Notwithstanding significant overall potential demand, it was found
that the proposed pricing did not match the Company's investment
criteria. The Company would like to thank roadshow investors for
their significant expressions of demand, analysis and feedback. The
Company's may look to engage with roadshow investors at a later
date and appreciates their ongoing support.
- End -
More information on Avation can be seen at: www.avation.net
Avation PLC
Avation PLC is a commercial passenger aircraft leasing company,
owning and managing a fleet of jet and turboprop aircraft which it
leases to airlines across the world. The Company's customers
include Air France, Air India, Condor, Flybe, Fiji Airways, Thomas
Cook, Virgin Australia, Mandarin Airlines and VietJet Air.
This information is provided by RNS
The company news service from the London Stock Exchange
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