Aircastle Limited (AYR) Higher after Selling 15.25% to Marubeni at $17/sh
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FBR Capital Says Marubeni Deal a Positive for Aircastle Limited (AYR)
June 7, 2013 7:51 AM EDTFBR Capital reiterated a Market Perform rating and $17 price target on Aircastle Limited (NYSE: AYR) amid news Japanese conglomerate Marubeni will take a 15.25% ownership stake in Aircastle. Under the deal, Aircastle will issue 12.3M shares at $17/share, or 81% of book value, for $209M of... More
