29 June 2010

AerCap closes $151 million notes issuance for two Airbus A330 aircraft

AerCap Holdings N.V. has closed its first notes issuance guaranteed by the Export Credits Guarantee Department (“ECGD”) – the United Kingdom’s Export Credit Agency. The notes have been issued at a fixed rate of 3.795 percent, have a maturity in 2021, and an initial principal amount of $151 million. The transaction completes the refinancing of …

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Sikorsky Aerospace Services teams with Timken to offer bearing repair services

Sikorsky Helitech, a Sikorsky Aerospace Services company based in Brisbane, Queensland, Australia, announced a distribution agreement with The Timken Company for bearing inspection, overhaul and reconditioning services throughout the Australasian region. Providing aftermarket support to customers in Australia and the Asia Pacific region, Sikorsky Helitech will offer a seamless interface to the local and regional …

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Global Aviation Holdings files registration for initial public offering

Global Aviation Holdings has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined. Global Aviation expects to use …

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