BOC Aviation launches Silver ABS

BOC Aviation is in the market with its second asset backed securitisation (ABS) deal dubbed Silver 2019-1. The $548 million transaction is offered in three series of notes secured on a portfolio of 17 aircraft – 15 narrowbodies (six A320s, four 737-800s, three 737-700s, one A321 and one A319) and two widebodies (one 777-300ER and one 787-8) on lease to 14 lessees located in nine countries with a six years weighted average age and an average remaining lease term of approximately 5.4 years. All of the aircraft are currently owned by BOC Aviation, contrary to many recent ABS deal where