Not to be outdone in the ABS name stakes, Aviation Capital Group’s pre-sale report is out for its $250.8 million asset backed securitisation issued by Merlin Aviation Holdings, which refinances a portfolio of 18 aircraft (see Americas news below). Also nearing close is Gecas’s Labrador ABS, which is the first aircraft ABS portfolio sold into South Korea. Market sources state that the deal has been extremely well executed and poised for a successful conclusion on Thursday – more news on that here. There remain a couple of ABS deals in the works but time is running out to close transaction

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