Company: AYR
Filing Date: 2025-04-23
Form Type: 10-K
Source: 0001628280-25-019189
Chunk: 61

Company: Aircastle LTD
Filing Date: 2025-04-23
Form: 10-K
Item: Item 16
Chunk 61
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,000 5.95%02/15/29650,000 Senior Notes due 2030500,000 5.25%03/15/30— Senior Notes due 2031500,000 5.75%10/01/31— Revolving Credit Facilities150,000 5.67% to 6.60%05/24/25 to 02/08/2820,000 Less: Debt issuance costs and discounts(47,219)(46,901)Total unsecured debt financings, net of debt issuance costs and discounts4,452,781 3,823,099 Total secured and unsecured debt financings, net of debt issuance costs and discounts$4,955,390 $4,698,496  _______________(1)The borrowings under these financings at February 28, 2025 have a weighted-average fixed rate of interest of 5.85%.(2)Repaid at their final stated maturity date.Secured Debt Financings:Term FinancingsOn August 28, 2024, we repaid in full the $206.3 million outstanding principal amount of one of our term financings secured by 8 aircraft, and $1.9 million of accrued interest. The secured term financing had a final stated maturity date of September 13, 2024, and we recognized a gain on the early extinguishment of debt of $0.3 million.On December 27, 2024, we repaid in full the $60.6 million outstanding principal amount of one of our term financings secured by 7 aircraft, and $0.6 million of accrued interest, at its stated maturity date.On February 28, 2025, we repaid in full the $79.7 million outstanding principal amount of one of our term financings secured by 3 aircraft, and $0.6 million of accrued interest. The secured term financing had a final stated maturity date of March 6, 2025.Unsecured Debt Financings:5.750% Senior Notes due 2031On July 18, 2024, the Company and Aircastle (Ireland) Designated Activity Company (“AIDAC”), a wholly-owned subsidiary of the Company, issued $500.0 million aggregate principal amount of 5.750% Senior Notes due 2031 (the 

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Aircastle Limited and Subsidiaries