Apollo Aviation out with fifth securitisation

Eleanor Steed
By Eleanor Steed January 22, 2018 11:24

Apollo Aviation out with fifth securitisation

Apollo Aviation is in the market with its fifth aviation asset backed securitisation – AASET 2018-1. The three class of notes secure a portfolio of 24 aircraft that are initially leased to 16 lessees located in 14 countries with an initial total value of approximately $532.9 million.

The transaction benefits from sufficient credit enhancement and liquidity, as well as a dynamic structure that accelerates principal payments on the Notes in the event of weak performance.

Eleanor Steed
By Eleanor Steed January 22, 2018 11:24