Amedeo Air Four Plus has announced that it has raised £130m from the second placing under its current placing programme. Under the ‘new placing’, which was oversubscribed, 125,000,000 new ordinary shares are being issued at an issue price of 104 pence per new share.
Amedeo Air Four Plus to purchase two new A380s
The company says that, following the completion of the new placing, it intends to acquire two new Airbus A380s to be leased to Etihad Airways PJSC for a term of 12 years from the date of acquisition. The aircraft are expected to be acquired in March 2017 and May 2017. Following the New Placing, there will be 467,250,000 shares in issue and the Company’s market capitalisation will be approximately £486m, based on the placing price of 104 pence per share.
About Amedeo Air Four Plus
Amedeo Air Four Plus aims to obtain income returns and a capital return for its Shareholders by acquiring, leasing and then selling aircraft The Company receives income in the form of Lease Rentals and income distributions are made to Shareholders quarterly basis. The company, which is domiciled in Guernsey, listed on The London Stock Exchange in May 2015. It started life by acquiring and leasing four Airbus A380 aircraft, which were leased to Emirates, and has continued to expand its portfolio since.
Amedeo Air Four Plus raises £130m to purchase two new A380s : AA4