British Airways (BA) priced its $608.74million second enhanced equipment trust certificate (EETC) transaction, which also incorporates Japanese Operating Lease with Call Option (JOLCO) tax equity, on March 14 The $409.783 million class AA certificates with an initial loan-to-value (LTV) of 48.6%, a 13.5 year tenor and an average life of 7.4 years, which was rated AA- by Fitch Ratings, has an all-ion yield of 3.80% and a spread to US Treasuries of 98 basis points (bps).The $198.957 million class A certificates with an initial LTV of 72.2%, rated A- by Fitch, also with a 13.5-year tenor and a weighted average

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