FTAI Aviation Shares Up on $1 Billion Senior Note Offering
By Natalie Weger
Shares of FTAI Aviation rose after the company disclosed a $1 billion senior note private offering due 2034.
Shares rose 7.2% to $200.47 on Monday. The stock is up 1.8% year to date.
The notes will be guaranteed by FTAI Aviation and other subsidiaries, giving guarantees to existing senior debt holders.
FTAI Aviation plans to use a portion of the proceeds to repay its revolving credit facility, which was incurred to fund the company's accelerated share repurchase program. The company also plans to redeem a portion of its 5.5% senior notes due 2028 and pay fees related to the foregoing transactions.
Write to Natalie Weger at natalie.weger@wsj.com
(END) Dow Jones Newswires
November 02, 2026 13:29 ET (18:29 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
This Once-Hot AI Stock Now Looks Deeply Undervalued
5 Stocks to Buy Trading at Big Discounts
Tech Stocks Sell Off as Intel, Amazon Earnings Spook Investors
2 Undervalued AI Stocks With Room to Run
