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FLY Leasing Press Releases

FLY Leasing Re-Prices $395 Million Term Loan

DUBLIN, Ireland, December 13, 2012 – FLY Leasing Limited (NYSE: FLY) (“FLY”), a global lessor of modern commercial jet aircraft, today announced that it has re-priced its $395 million Term Loan.  The interest rate on the amended loan will be LIBOR plus 4.50%, a 1.00% reduction from the previous interest rate of LIBOR plus 5.50%.  […]

Onex to Acquire a 50% Stake in BBAM for $165 million and to Invest $25 million in FLY in Partnership with BBAM Management Team

Toronto, Dublin and San Francisco, December 3, 2012 – Onex Corporation (“Onex”) (TSX: OCX) today announced that it has agreed to acquire a 50% interest in BBAM, the world’s third largest manager of commercial jet aircraft, for $165 million.  The transaction is expected to close by the end of 2012 subject to certain conditions and approvals. […]