Castlelake is preparing to launch its second asset-backed securitisation (ABS). Castlelake Aircraft Securitization Trust 2015-1 totals $713.213 million and is offered in three tranches. The $529million Class A notes, with an initial loan-to-value of between 60.2-66.02%, are rated A by both Standard & Poor’s and Kroll Ratings. The $105.713 million B notes have an initial LTV of between 72.2-79.21% and are rated BBB by S&P and Kroll. The 78.5million C notes have an initial LTV between 81.2-89.01% and are rated B by S&P and B+ by Kroll. The Class A Notes will initially amortize for the first two years based

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In