Company: AYR
Filing Date: 2025-07-10
Form Type: 10-Q
Source: 0001628280-25-034715
Chunk: 13

Company: Aircastle LTD
Filing Date: 2025-07-10
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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.AmountBalance at February 28, 2025$45,813 Earnings of unconsolidated equity method investment, net of tax393 Balance at May 31, 2025$46,206 On May 15, 2025, the Company received $1.0 million from our equity method investee as full repayment of the aggregate principal amount outstanding under a loan agreement.

14

Aircastle Limited and SubsidiariesNotes to Unaudited Consolidated Financial Statements(Dollars in thousands, except per share amounts)May 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 May 31, 2025At February 28, 2025Debt ObligationOutstandingBorrowingsNumber of AircraftInterest RateFinal StatedMaturityOutstandingBorrowingsSecured Debt Financings:Secured Term Financings(1)$116,663 42.36% to 4.14%11/30/31 to 06/27/32$509,104 Less: Debt issuance costs and discounts(2,055)(6,495)Total secured debt financings, net of debt issuance costs and discounts114,608 502,609 Unsecured Debt Financings:Senior Notes due 2025650,000 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 Senior Notes due 2030500,000 5.25%03/15/30500,000 Senior Notes due 2031500,000 5.75%10/01/31500,000 Unsecured Term Loan600,000 5.66%04/28/30— Revolving Credit Facilities20,000 6.46%01/31/27150,000    Less: Debt issuance costs and discounts(50,323)(47,