The United States, European Union, and United Kingdom have imposed new sanctions against Russian individuals and entities. In light of these recent events, Kroll Bond Rating Agency (KBRA) states that it is monitoring its Global ABS Aviation sector of over 150 lease backed securities in over 50 transactions. The lessees in a given transaction are typically from multiple jurisdictions, and transaction concentration limits often permit aircraft lessees that may be domiciled in Russia or Ukraine. In regard to aircraft leased to airlines located in Russia, KBRA notes that there is potential cash flow interruption that could result from recent or

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