Aircastle Ltd. said the public offering of 7,887,029 of its common shares by Ontario Teachers' Pension Plan Board was priced at $21.50 per share.
Aircastle will not receive any proceeds from the sale of the shares by Ontario Teachers' Pension Plan Board.
The offering is expected to close May 18.
Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are underwriters for the offering.
