Aircastle Announces Pricing of Private Placement of $500 Million Aggregate Principal Amount of Senior Notes

STAMFORD, Conn., Nov. 27, 2012 /PRNewswire/ — Aircastle Limited (NYSE: AYR) (“Aircastle”) announced today the pricing of $500 million aggregate principal amount of 6.25% senior notes due 2019 (the “notes”). The notes were priced at par. The notes will be offered only to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States in accordance with Regulation S under the Securities Act. Aircastle plans to use the net proceeds of the private placement for general corporate purposes, including the purchase of aviation assets.

The notes have not been registered under the Securities Act or under any state securities laws. Therefore, Aircastle may not offer or sell the notes within the United States to, or for the account or benefit of, any United States person unless the offer or sale would qualify for a registration exemption from the Securities Act and applicable state securities laws.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any of the notes nor does it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.