An announcement from Avation ( (GB:AVAP) ) is now available.
Avation PLC has repurchased US$2,000,000 of its Senior PIK Toggle Notes due 2026 at 98.5% of face value, reducing the outstanding notes to US$329,555,981. This strategic move is part of Avation’s efforts to manage its debt portfolio, potentially strengthening its financial position and enhancing its market competitiveness.
More about Avation
Avation PLC is a Singapore-based aircraft leasing company that owns and manages a fleet of commercial passenger aircraft, leasing them to airlines worldwide.
YTD Price Performance: -4.28%
Average Trading Volume: 398,982
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £97.15M
Learn more about AVAP stock on TipRanks’ Stock Analysis page.