FTAI Aviation Subsidiary Prices $1.0B Senior Notes Offering

Event Overview

On November 2, 2026, FTAI Aviation Ltd. announced that its subsidiary, FTAI Aviation Investors LLC, priced a private offering under Rule 144A and Regulation S of $1.0 billion in aggregate principal amount of 7.125% senior notes due 2034.

Key Terms of the Offering

• Principal Amount: $1.0 billion
• Coupon Rate: 7.125% per annum
• Maturity: 2034
• Issue Price: 100% of principal
• Guarantees: Fully and unconditionally guaranteed on a senior unsecured basis by FTAI Aviation Ltd. and certain subsidiary guarantors.

Use of Proceeds

The net proceeds are intended to be deployed as follows:

1. Full repayment of outstanding borrowings under the Revolving Credit Facility, which were incurred to fund FTAI Aviation's accelerated share repurchase (ASR) program (without reducing commitments).
2. Redemption of $500.0 million aggregate principal amount of the Issuer's existing 5.50% Senior Notes due 2028.
3. Payment of associated transaction fees and expenses.

Capital Structure & Market Impact

This transaction extends FTAI Aviation's debt maturity profile into 2034 while terming out short-term credit facility debt used to repurchase shares. Although the new 7.125% coupon is higher than the redeemed 5.50% 2028 notes, it secures fixed long-term funding and restores full borrowing capacity under the revolving facility.