Fly Leasing Shareholders Approve Acquisition by Carlyle Aviation 6
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Fly Leasing Shareholders Approve Acquisition by Carlyle Aviation

Fly Leasing Shareholders Approve Acquisition by Carlyle Aviation 2

Fly Leasing Limited announced that it has received shareholder approval to be acquired by an affiliate of Carlyle Aviation Partners (“Carlyle Aviation”), the commercial aviation investment and servicing arm within Carlyle’s $59 billion Global Credit platform. Approximately 99.9% of the votes cast at the special general meeting of FLY’s shareholders voted in favor of the transaction.

Closing of the transaction remains subject to the satisfaction or waiver of customary closing conditions, including receipt of regulatory approvals. The transaction is expected to close prior to the end of July 2021. Upon closing, FLY shareholders will receive $17.05 per share in cash for each FLY share that they own.

Following the closing of the transaction, FLY shares will no longer be listed on the New York Stock Exchange and the company will become part of Carlyle Aviation.

About FLY
FLY is a global aircraft leasing company with a fleet of modern and fuel-efficient commercial jet aircraft. FLY leases its aircraft under multi-year operating lease contracts to a diverse group of airlines throughout the world. FLY is managed and serviced by BBAM LP, a worldwide leader in aircraft lease management and financing. For more information visit www.flyleasing.com.

About Carlyle
Carlyle is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Investment Solutions. With $260 billion  of assets under management as of March 31, 2021, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 1,800 people in 29 offices across five continents. Further information is available at www.carlyle.com.  Follow Carlyle on Twitter @OneCarlyle.

About Carlyle Aviation Partners
Carlyle Aviation Partners is the commercial aviation investment and servicing arm of Carlyle’s $59 billion Global Credit platform. It is a multi-strategy aviation investment manager that seeks to capitalize on its extensive technical knowledge, in-depth industry expertise and long-standing presence in the aviation sector. As of March 31, 2021, it has a team of more than 90 employees and offices in the US, Ireland and Singapore.

Contacts:

Matt Dallas
Fly Leasing Limited
+1 203-769-5916
ir@flyleasing.com

Christa Zipf
Carlyle
+1 347-621-8967
christa.zipf@carlyle.com

See Campaign: http:// www.carlyle.com
Contact Information:
Matt Dallas
Fly Leasing Limited
+1 203-769-5916
ir@flyleasing.com

Tags:
, Wire, Legal Newswire, United States, English

The post Fly Leasing Shareholders Approve Acquisition by Carlyle Aviation first appeared on PressRelease.cc.

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