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Weil Advises Avolon in $1.5 Billion Notes Offering

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Weil advised Avolon in its $1.5 billion notes offering, consisting of (i) $750,000,000 aggregate principal amount of 4.200% senior notes due 2029 and (ii) $750,000,000 aggregate principal amount of 4.850% senior notes due 2033. The proceeds will be used for general corporate purposes, which include, but are not limited to, funding the repurchase of a portion of Avolon’s ordinary shares held by Global Aircraft Leasing Co., Ltd. and ORIX Aviation Systems Limited, and the future repayment of outstanding indebtedness.

The Weil team was led by Capital Markets Co-Head Michael Hickey and included Capital Markets associates Eric Wissman, Nereese Watson and Albert Tang (Not Yet Admitted in New York); Private Funds partner David Wohl; Executive Compensation & Benefits partner Sarah Downie; Tax partner Graham Magill, counsel Dylan Lionberger and associate Madeline Joerg.

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