The Milestone Aviation Group Limited Prices $250 Million Private Offering of Senior Unsecured Notes

DUBLIN--()--The Milestone Aviation Group Limited (“Milestone”) today announced the pricing of its previously announced offering (the “Offering”) of $250 million in aggregate principal amount of its Senior Notes due 2017 (the “Notes”).

The Notes will bear interest at a rate of 8.625% per year, payable June 15 and December 15, commencing June 15, 2013, and will mature on December 15, 2017.

Milestone intends to use the net proceeds of the Offering to finance the purchase of aircraft and to refinance previously purchased aircraft. The remainder, if any, of the net proceeds of the issuance will be used for general corporate purposes.

The Notes will be senior unsecured obligations of Milestone. The Offering is subject to customary conditions, and there can be no assurances that the Offering will be consummated.

The Notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any other jurisdiction. As a result, they may not be offered or sold in the United States or to any U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Notes will be offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and to non-U.S. persons outside the United States under Regulation S under the Securities Act.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities. The Offering will be made only by means of the confidential offering memorandum.

Safe Harbor for Forward-Looking and Cautionary Statements

This press release contains forward-looking statements. Forward-looking statements involve uncertainties, risks and assumptions, since these statements include information concerning Milestone’s possible or assumed future results business strategies, financing plans and potential growth opportunities. Forward-looking statements speak only as of the date they were made, and Milestone undertakes no obligation to update publicly or to revise any forward-looking statements because of new information, future events or other factors. In light of the risks and uncertainties described above, the forward-looking events and circumstances discussed herein might not occur and are not guarantees of future performance. Milestone’s actual results and performance could differ substantially from those anticipated in its forward-looking statements.

ABOUT MILESTONE AVIATION GROUP

Milestone Aviation Group is the first global aircraft leasing company exclusively focused on helicopters. Milestone’s global aircraft leasing platform addresses the liquidity needs of the market through 100% operating lease financing. Since launching in August 2010, Milestone has leased over 60 aircraft valued at more than US$850 million. Further information is available at www.milestoneaviation.com.

Contacts

Milestone Media:
Kekst and Company
Eric Berman / Nathan Riggs
+1-212-521-4894 / +1-212-521-4804
eric-berman@kekst.com / nathan-riggs@kekst.com

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