Stratos, the global aircraft investment specialist, has closed the inaugural ABS featuring securitised debt, with equity sourced from the Japanese Operating Lease (JOL) market. The transaction was arranged on behalf of JP Lease (Japan), which sponsored the deal and underwrote the equity to sell to its diversified pool of Japanese corporate clients. The fifteen securitised aircraft were acquired with leases attached (to Air Canada, Scoot, Qatar, FlyDubai, Gulfair, Air Asia, Malindo, Philippine Airlines, TACA, Brussels Airlines and Batik) from two separate sellers (GECAS and Standard Chartered). Stratos arranged the acquisition and novation of the aircraft, the debt bridge funding, warehouse
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