Core Viewpoint - FTAI Aviation Ltd. is conducting a tender offer to purchase up to $300 million of its outstanding 9.750% Senior Notes due 2027, amending a previous announcement of $100 million [1][11]. Tender Offer Details - The tender offer will expire at 5:00 p.m. New York City time on July 2, 2024, unless extended or terminated earlier [2]. - The aggregate principal amount of the 2027 Notes outstanding is $400 million, with a tender cap of $300 million [2]. - Holders who validly tender their 2027 Notes by June 14, 2024, will receive an early tender payment of $30 for each $1,000 principal amount [4]. - After the early tender deadline, holders will only receive the tender offer consideration without the early tender payment [5]. - Accepted holders will receive accrued and unpaid interest from the last interest payment date to the settlement date [6]. Conditions and Management - FTAI LLC's obligation to accept the tendered notes is subject to certain conditions, including the completion of a debt financing [9]. - J.P. Morgan Securities LLC is acting as the dealer manager for the tender offer [10]. - The company has a proprietary portfolio of aviation assets, focusing on cost savings and flexibility for its customers [13].

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (the "Company" or "FTAI") previously announced the commencement of a tender offer (the "Tender Offer") by Fortress Transportation and Infrastructure Investors LLC ("FTAI LLC"), a wholly owned subsidiary of the Company, to purchase for cash up to $100,000,000 aggregate principal amount of its outstanding 9.750% Senior Notes due 2027 (the "2027 Notes") on the terms and conditions described in FTAI ...

Core Viewpoint - FTAI Aviation Ltd. is initiating a cash tender offer to purchase up to $100 million of its outstanding 9.750% Senior Notes due 2027, with the offer set to expire on July 2, 2024, unless extended or terminated earlier [1][2]. Tender Offer Details - The tender offer is for a total of $400 million in outstanding 2027 Notes, with a tender cap of $100 million [2]. - The total consideration for the 2027 Notes is $1,029.00 per $1,000 principal amount, with an early tender payment of $30.00 for those who tender by June 14, 2024 [2][4]. - Holders who validly tender their notes will also receive accrued and unpaid interest from the last interest payment date to the settlement date [3][6]. Early Tender and Settlement - Holders who tender by the Early Tender Deadline will receive the early tender payment, while those who tender after will only receive the total consideration minus the early tender payment [5]. - FTAI LLC may accept all notes tendered by the Early Tender Deadline prior to the Expiration Time, with an announcement expected on June 18, 2024 [7]. Conditions and Management - The acceptance of the tendered notes is subject to certain conditions, including the completion of a debt financing satisfactory to FTAI LLC [8]. - J.P. Morgan Securities LLC is acting as the dealer manager for the tender offer, and inquiries can be directed to them [9]. Company Overview - FTAI Aviation Ltd. focuses on owning and maintaining commercial jet engines, particularly CFM56 and V2500 engines, and provides cost savings and flexibility to its customers [11]. - The company invests in aviation assets and aerospace products that generate strong cash flows and have potential for earnings growth and asset appreciation [11].

NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI), a Cayman Islands exempted company (the "Company" or "FTAI") is announcing today that Fortress Transportation and Infrastructure Investors LLC ("FTAI LLC"), a wholly owned subsidiary of the Company, has commenced an offer (the "Tender Offer") to purchase for cash up to $100,000,000 aggregate principal amount of its outstanding 9.750% Senior Notes due 2027 (the "2027 Notes") on the terms and conditions described in FTAI LLC's Offer ...

"Acquiring Lockheed Martin Commercial Engine Solutions represents a significant milestone for FTAI as we expand our MRE offerings," said Joe Adams, CEO of FTAI. "We know the facility well and greatly value the team's technical expertise and commitment to quality. We are excited to grow the shop's piece-part repair capabilities and continue delivering modules and engines to the aftermarket from a world class facility in Montréal." NEW YORK and MONTRÉAL, May 30, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NA ...

FTAI owns and maintains commercial jet engines with a focus on CFM56 and V2500 engines. FTAI's propriety portfolio of products, including The Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to our airline, lessor, and maintenance, repair, and operations customer base. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests in aviation assets and aerospace products th ...

This press release does not constitute an offer to sell or the solicitation of an offer to buy shares of common stock, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. ABOUT FTAI AVIATION The offering is being made pursuant to the Company's effective shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). ...

ABOUT FTAI AVIATION FTAI owns and maintains commercial jet engines with a focus on CFM56 and V2500 engines. FTAI's propriety portfolio of products, including The Module Factory and a joint venture to manufacture engine PMA, enables it to provide cost savings and flexibility to our airline, lessor, and maintenance, repair, and operations customer base. Additionally, FTAI owns and leases jet aircraft which often facilitates the acquisition of engines at attractive prices. FTAI invests in aviation assets and a ...

Expected Internalization Benefits NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) ("FTAI" or the "Company") announced today it has entered into definitive agreements providing for the internalization of the Company's management operations. Internalization Agreement Under the Internalization Agreement, the Company and FIG LLC (the "Manager") have terminated the Management and Advisory Agreement, dated July 31, 2022 (the "Management Agreement"), and the Services and Profit Sharing ...

NEW YORK, May 28, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI) ("FTAI" or the "Company") announced today it has entered into definitive agreements providing for the internalization of the Company's management operations. Internalization Agreement Under the Internalization Agreement, the Company and FIG LLC (the "Manager") have terminated the Management and Advisory Agreement, dated July 31, 2022 (the "Management Agreement"), and the Services and Profit Sharing Agreement, dated November 10, 202 ...