Babcock & Brown Air Limited a global lessor of commercial jet aircraft, announced that it has repurchased $20 million principal amount of its securitization notes for $10 million in a privately negotiated transaction funded from the Company’s available cash. Additionally, the Company paid $7 million for an option to repurchase an additional $100 million principal amount of its securitization notes for $48 million within the next nine months.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada