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29-Sep-2010 11:02 AM

AWAS Aviation Capital to raise USD600m in debt

AWAS Aviation Capital, a unit of AWAS, announced plans to sell USD600 million of senior secured notes due in 2016 (Bloomberg, 28-Sep-2010). Proceeds may be used to repay debt, to finance the purchase of new aircraft and for general corporate purposes, according to the statement.

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