Avolon announces pricing of initial public offering

Avolon announced the pricing of its initial public offering of 13,636,363 common shares at a public offering price of $20.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the symbol “AVOL” on December 12th, 2014. All of the common shares are being offered by the selling shareholders. The selling shareholders have granted the underwriters an option to purchase up to 2,045,454 additional common shares to cover nover-­‐allotments, if any. Avolon will not receive any of the proceeds from the offering. The offering is expected to close on December 17th, 2014, subject to customary closing conditions.

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