KUALA LUMPUR, Capital A Bhd today announced that its unit AirAsia RB 1 Ltd (AARB1) had entered into definitive agreements yesterday with aircraft lessors and private credit funds for the issuance of Regulation S secured notes (revenue bonds) worth up to US$443 million, due in September 2026 and August 2028. AARB1 is the wholly owned special purpose vehicle of AirAsia Bhd (AAB), which in turn is the wholly owned subsidiary of Capital A. Capital A said that under the agreements, AAB would act as a third-party security provider, and both AAB and Capital A as corporate guarantors. "The proceeds of the revenue bonds shall be on-lend by AARB1 to AAB, for AAB to refinance its lease liabilities, aircraft and engine maintenance costs and to support the working capital requirements of AAB," it noted. Source: BERNAMA News Agency