Citing two sources, Reuters has reported that aircraft lessor Avolon – currently owned by Cinven, CVC Capital Partners and Oak Hill Capital Partners – is preparing for an initial public offering this year. The news services states that the lessor has been interviewing investment banks in the last few weeks to hire underwriters for an IPO. The news is unsurprising to most in the industry since Avolon has indicated its openness to listing in the past along. Indeed many expect both Avolon and AWAS to seek an IPO this year since stock valuations are climbing once again, with aircraft leasing
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