FTAI Aviation to redeem all preferred shares for $105 million
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FTAI Aviation Announces Full Redemption of Outstanding 8.25% Fixed-Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares
May 15, 2026 6:30 AM EDTNEW YORK, May 15, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ: FTAI; FTAI Aviation or the Company) announced today that it will redeem all of the Companys outstanding 4,200,000 8.25% Fixed-Rate Reset Series C Cumulative Perpetual Redeemable Preferred Shares (the Series C Shares) at a redemption price equal to $25.00 per Series C Share in cash, plus an amount equal to the accumulated and unpaid distributions thereon to, but not including, the redemption date of June 15, 2026 (the Redemption). The Company has previously declared distributions on the Series C Shares payable on June 15, 2026, thus no such amounts will be unpaid as of the Redemption. The Series C Shares... More
