NEW YORK, June 03, 2024 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI), a Cayman Islands exempted company (the "Company" or "FTAI") previously announced the commencement of a tender offer (the "Tender Offer") by Fortress Transportation and Infrastructure Investors LLC ("FTAI LLC"), a wholly owned subsidiary of the Company, to purchase for cash up to $100,000,000 aggregate principal amount of its outstanding 9.750% Senior Notes due 2027 (the "2027 Notes") on the terms and conditions described in FTAI LLC's Offer to Purchase, dated June 3, 2024, as amended by the terms set forth herein (the "Offer to Purchase"). FTAI LLC hereby amends the Tender Offer to purchase for cash up to $300,000,000 in aggregate principal amount of the 2027 Notes. Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase. The Tender Offer will expire at 5:00 p.m., New York City time, on July 2, 2024 (the "Expiration Time"), unless extended or earlier terminated by FTAI LLC. FTAI LLC reserves the right to amend, extend or terminate the Tender Offer at any time subject to applicable law. The following table sets forth certain terms of the Tender Offer: Series of Notes CUSIP Number(1) Aggregate Principal Amount Outstanding Tender Cap Total Consideration(2) Early Tender Payment(2) Tender Consideration(2) 9.750%Senior Notes due 2027 34960P AC5 (144A)U3458L AG6 (Reg S) $400,000,000 $300,000,000 $1,029.00