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S&P Global assigns B rating to Phoenix Aviation Capital, rates proposed term loan B+

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S&P Global assigns B rating to Phoenix Aviation Capital, rates proposed term loan B+

S&P Global has assigned Phoenix Aviation Capital (PAC) a B rating, with outlook stable. “The B issuer credit rating incorporates our view that PAC is a small aircraft lessor with a limited track record, though its order book supports growth plans,” said S&P.“PAC is smaller than most a...

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