Company: AYR
Filing Date: 2025-10-09
Form Type: 10-Q
Source: 0001628280-25-044676
Chunk: 63

Company: Aircastle LTD
Filing Date: 2025-10-09
Form: 10-Q
Item: Part I, Item 8
Chunk 63
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 rate of Term Secured Overnight Funding Rate (“SOFR”) (as defined in the loan agreement) plus 2% and is payable on August 18, 2026.

15

Aircastle Limited and SubsidiariesNotes to Unaudited Consolidated Financial Statements(Dollars in thousands, except per share amounts)August 31, 2025

Note 8. Borrowings from Secured and Unsecured Debt Financings

The outstanding amounts of our secured and unsecured debt financings were as follows: At August 31, 2025At February 28, 2025Debt ObligationOutstandingBorrowingsNumber of AircraftInterest RateFinal StatedMaturityOutstandingBorrowingsSecured Debt Financings:Secured Term Financings(1)$115,840 42.36% to 4.14%11/30/31 to 06/27/32$509,104 Less: Debt issuance costs and discounts(1,977)(6,495)Total secured debt financings, net of debt issuance costs and discounts113,863 502,609 Unsecured Debt Financings:Senior Notes due 2025(2)— 5.25%08/11/25650,000 Senior Notes due 2026650,000 4.25%06/15/26650,000 2.850% Senior Notes due 2028750,000 2.85%01/26/28750,000 6.500% Senior Notes due 2028650,000 6.50%07/18/28650,000 Senior Notes due 2029650,000 5.95%02/15/29650,000 5.250% Senior Notes due 2030500,000 5.25%03/15/30500,000 5.000% Senior Notes due 2030650,000 5.00%09/15/30— Senior Notes due 2031500,000 5.75%10/01/31500,000 Unsecured Term Loan600,000 5.72%04/28/30— Revolving Credit Facilities240,000 5.55% to 6.48%01/31/27 to 02/08/28150,000    Less: Debt issuance costs and discounts(56,151)(47,219)Total un