A new aviation asset-backed securitisation (ABS) loan transaction has been launched. SALT 2021-1 is being issued by servicer Bellinger Loan Management, and in respect of a limited number of loan facilities, SP Novo Holdings I LP, which is a limited partnership that forms part of the Stonepeak aviation platform. This is their inaugural aviation ABS loan transaction, where the notes will be secured by interests in 26 loan facilities comprised of 116 loans to 15 obligors. In addition, 25 of the loan facilities are secured by 156 aircraft on lease to 45 lessees located in 29 jurisdictions, with one more
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