This page provides Regulatory news filings submitted by issuers listed on the BSX. Please note the BSX is not responsible for the content, accuracy or completeness of announcements filed by issuers and disclaims all liability for any loss arising from reliance on information contained within issuer announcements.

Fly Leasing Limited: Note Repurchases

27 February 2024

Hamilton, Bermuda:  27 February 2024 – In a filing with the Bermuda Stock Exchange (“BSX”), Fly Leasing Limited, advises of note repurchases. The full filing stated:


Fly Leasing Limited



7.000% Senior Notes due October 15, 2024 (“Notes”)

Listed Since: 2021/08/18

Currency: USD


Telephone: 353-1-231-1900

Hamilton, Bermuda – February 27, 2024



Note Repurchase Authorisation


On February 26, 2024, the board of directors of Fly Leasing Limited (“Fly”) authorised the repurchase of up to US$50 million of Notes, representing a maximum of approximately 35.08% of the $142,547,000 in aggregate principal amount of Notes that remain outstanding.


Notes will be purchased subject to market conditions, and may be purchased in open market transactions, pursuant to bilateral trades or 10b5-1 purchase programs. All Notes repurchased in relation to this announcement will be executed in accordance with the relevant regulations of the Bermuda Stock Exchange (the “BSX”), including, but not limited to, the BSX Listing Regulations – Section IIIB (the “Listing Rules”).


Under the Listing Rules, at such point as Fly has repurchased, in aggregate, 10% of the outstanding amount of Notes, Fly will be required to file with the BSX an announcement of such repurchase no later than 8.30 a.m. on the business day following the calendar day on which such repurchase of Notes has occurred. If Fly purchases further Notes under this repurchase authorisation, a further announcement will be required to be filed with the BSX whenever an additional 5% in aggregate has been repurchased.


During 2024, Fly already has purchased and cancelled $57,566,000 in principal amount of Notes.

This announcement does not constitute, or form part of, an offer or any solicitation of an offer for securities in any jurisdiction.


Forward-Looking Statements:


Certain statements and indicative projections (which may include modelled loss scenarios) made in this announcement or otherwise that are not based on current or historical facts are forward-looking in nature including, without limitation, statements containing the words “believes”, “anticipates”, “aims”, “plans”, “projects”, “forecasts”, “guidance”, “intends”, “expects”, “estimates”, “predicts”, “may”, “can”, “likely”, “will”, “seeks”, “should”, or, in each case, their negative or comparable terminology.

All forward-looking statements in this announcement speak only as at the date of publication. Fly expressly disclaims any obligation or undertaking (save as required to comply with any legal or regulatory

obligations including the rules of the BSX) to disseminate any updates or revisions to any forward-looking statement to reflect any changes in Fly’s expectations or circumstances on which any such statement is based. All subsequent written and oral forward-looking statements attributable to Fly or individuals acting on behalf of Fly are expressly qualified in their entirety by this announcement. Prospective investors should specifically consider the factors identified in this announcement which could cause actual results to differ before making an investment decision.


Media contacts:


Kristen Greco

(212) 813-4763

The Carlyle Group


                                                                        # # # #



About BSX

The Bermuda Stock Exchange (BSX), a wholly owned subsidiary of Miami International Holdings, Inc., is a fully electronic, vertically integrated international securities market headquartered in Bermuda and organised in 1971. BSX specialises in the listing and trading of capital market instruments such as equities, debt issues, funds, hedge funds, derivative warrants, and insurance linked securities. To learn more about BSX visit or contact


Disclaimer and Privacy Policy    Complaints Policy

Copyright © 2024 by Bermuda Stock Exchange. All rights reserved!

Questions or requests for information can be emailed to