Aircastle Announces Proposed Private Placement of $400 Million Aggregate Principal Amount of Senior Notes

STAMFORD, Conn., Nov. 27, 2012 /PRNewswire/ — Aircastle Limited (NYSE: AYR) (“Aircastle”) announced today that it plans to offer an aggregate of $400 million principal amount of its senior notes due 2019 (the “notes”). The notes will be offered only to qualified institutional buyers and outside the United States in accordance with Rule 144A and Regulation S, respectively, under the Securities Act of 1933, as amended (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.