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Signature Aviation U.S. Holdings, Inc. announces a consent solicitation for its 4.000% Senior Notes due 2028

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Signature Aviation U.S. Holdings, Inc. announces a consent solicitation for its 4.000% Senior Notes due 2028
April 9, 2021 GMT
NEW YORK, April 8, 2021 /PRNewswire/ Signature Aviation US Holdings, Inc. (the “Issuer”), a Delaware corporation and wholly-owned subsidiary of Signature Aviation plc (“Signature”), announces that it has commenced a solicitation of consents (the “Consent Solicitation”) from holders (the “Holders”) of its 4.000% Senior Notes due 2028 (the “Notes”) to certain proposed amendments to the Indenture dated as of November 1, 2019 under which the Notes were issued (the “Indenture”) among the Issuer, Signature, BBA US Investments S.À R.L and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”). The Issuer continues to evaluate alternatives in respect of its outstanding 5.375% notes due May 1, 2026, including po ....

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Signature Aviation US Holdings, Inc. announces a tender offer for its 4.000% Senior Notes due 2028 and related consent solicitation

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NEW YORK, April 8, 2021 /PRNewswire/ Signature Aviation US Holdings, Inc. (the Offeror ), a Delaware corporation and wholly-owned subsidiary of Signature Aviation plc ( Signature ), announces that it has launched a tender offer to purchase for cash (the Tender Offer ) any and all of its outstanding 4.000% Senior Notes due 2028 (the Notes ). The Offeror continues to evaluate alternatives in respect of its outstanding 5.375% notes due May 1, 2026, including potential call options.
The Tender Offer is being conducted in connection with the previously announced proposed acquisition of the entire issued and to be issued share capital of Signature (the Offeror s parent company and a guarantor of the Notes), other than shares in Signature owned or controlled by Cascade Investment, L.L.C. and the Bill & Melinda Gates Foundation Trust, by Brown Bidco Limited ( Bidco ) and Brown Group Holding, LLC (the Initial Borrower ), newly formed ....

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