Avolon Holdings Funding Limited
|Deal Type||Debt Capital Markets|
|Client & Transactional Partners||Avolon Holdings Funding Limited||Our Role||Joint Bookrunner|
In January 2021, Avolon Holdings Funding Limited (“Avolon” or the “Company”) priced $1.5 billion of Senior Notes in two tranches:
- $750 million of Senior Notes due 2026 priced at a spread of T+190 bps for a coupon of 2.125%
- $750 million of Senior Notes due 2028 priced at a spread of T+215 bps for a coupon of 2.750%
The Company intends to use the net proceeds for general corporate purposes, which may include the future repayment of outstanding indebtedness. KeyBanc Capital Markets ("KBCM") acted as Passive Joint Bookrunner on the transaction, which marks KBCM’s 4th Passive Joint Bookrunner role for the Company. Avolon is an existing client of Key.