Tag Archives: odd lot bayback



Fly Leasing (FLY) – Odd Lot Tender Offer – 5.5% potential upside

As expected Fly Leasing announced Tender Offer details today. Those who purchased upon the yesterday’s recommendation already made a decent profit.

Current Price – $13.51;

Offer Price – $12.7 – $14.25;

Upside – $70 or 5.5% (if the upper pricing limit is used);

Expiration date –  16 December 2015;

No proration for odd lot holders;

SEC Filling

Summary:

Fly Leasing Limited, a Bermuda exempted company, invites our shareholders to tender our common shares, $0.001 par value per share, held by them