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Air Transport Services Group, Inc. Provides Notice of Fundamental Change and Make-Whole Fundamental Change to Holders of its 3.875% Convertible Senior Notes Due 2029

1. ATSG updates holders of its convertible senior notes about terms. 2. The notice pertains to the Notes due 2029 as per the Indenture.

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FAQ

Why Neutral?

The notice primarily affirms ongoing financial instruments rather than indicating new opportunities or risks. Historical patterns suggest such updates don't materially affect stock prices.

How important is it?

The noteholder update is standard practice and lacks significant implications for market sentiment or pricing.

Why No Impact?

This communication is routine and does not present catalysts for immediate price changes, similar to past similar announcements.

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WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (NASDAQ: ATSG) (“ATSG” or the “Company”), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today provided notice (the “Notice”) to holders of its 3.875% convertible senior notes due 2029 (the “Notes”) (CUSIP: 00922RAD7), pursuant to the terms of the Indenture, dated as of August 14, 2023 (the “Indenture”) by and between the Company and U.S. Bank Trust Company, Nati.

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