
Aircastle Ltd., the commercial- aircraft lessor, is marketing debt as companies sell corporate bonds at the fastest pace since April.
Aircastle plans to sell $300 million of notes due in 2018, according to a statement distributed by PR Newswire. The Stamford, Connecticut-based company’s high-yield, high-risk notes may be sold as soon as today, according to a person familiar with the transaction, who declined to be identified because terms aren’t set.
Corporate borrowers have sold $73.9 billion of bonds in July, exceeding $65.7 billion in June and $32.8 billion in May, according to data compiled by Bloomberg. April sales were $86.7 billion. Investors expect continued issuance [Read More]
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