Company: AYR
Filing Date: 2025-01-10
Form Type: 10-Q
Source: 0001628280-25-001098
Chunk: 15

Company: Aircastle LTD
Filing Date: 2025-01-10
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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 and unsecured debt financings were as follows: At November 30, 2024At February 29, 2024Debt ObligationOutstandingBorrowingsNumber of AircraftInterest RateFinal StatedMaturityOutstandingBorrowingsSecured Debt Financings:Term Financings(1)$657,091 312.36% to 6.87%12/27/24 to 06/27/32$883,451 Less: Debt issuance costs and discounts(6,352)(8,054)Total secured debt financings, net of debt issuance costs and discounts650,739 875,397 Unsecured Debt Financings:Senior Notes due 2024(2)— 4.125%05/01/24500,000 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 2031500,000 5.75%10/01/31— Revolving Credit Facilities20,000 7.15%05/24/25 to 02/08/2820,000    Less: Debt issuance costs and discounts(42,641)(46,901)Total unsecured debt financings, net of debt issuance costs and discounts3,827,359 3,823,099 Total secured and unsecured debt financings, net of debt issuance costs and discounts$4,478,098 $4,698,496         (1)The borrowings under these financings at November 30, 2024, have a weighted average fixed rate of interest of 5.49%.(2)Repaid at the final stated maturity date.Secured Debt FinancingsTerm 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.