Fitch Ratings has assigned an expected rating of 'BB+(EXP)' to Aircastle Limited's (Aircastle) proposed issuance of up to $400 million of fixed-rate reset perpetual cumulative preference shares. The p...
PJSC Aeroflot has signed sustainability-linked loan agreement with PJSC Sovcombank. The financing costs of the revolving credit facility in the amount of $320 million will be linked to the company’s E...
Esken, the aviation and energy infrastructure group, has stated that the proposed sale of its entire shareholdings in Stobart Air Unlimited Company (which operates regional flights under a franchise a...
Fitch Ratings has affirmed the Issuer Default Ratings (IDR) on four leasing subsidiaries of Chinese banks and their overseas subsidiaries: ICBC Financial Leasing Co., Ltd. (ICBC Leasing), Bank of Comm...
Prolonged pandemic-related travel restrictions have extended recovery trajectories for aircraft ABS asset values following the substantial hit during the pandemic, according to Fitch Ratings. Value pr...
GE has announced tender offers to purchase up to $2bn of notes for cash in a bid to deleverage and strengthen its balance sheet to achieve its 2.5x Net Debt to EBITDA target. Since the end of 2018, GE...
Funds managed by affiliates of Apollo Global Management and aircraft lessor Merx Aviation, have completed a sale and leaseback transaction with Air France, part of the Air France-KLM Group. The transa...
Norwegian Air Shuttle has provided an update to its contemplated capital raise that of up to NOK 6,000 million, comprising an offering of NOK 1,875 million new capital perpetual bonds, a NOK 395 milli...
On May 20, the Board of Directors of the Export-Import Bank of the United States (EXIM) approved a $54.9 million guarantee of a loan from BNP Paribas to support the export of a GEnx spare engine and t...
Sun Country Airlines has priced an upsized secondary public offering of 7,250,000 shares of its common stock by certain investment funds managed by affiliates of Apollo Global Management at a price to...
Rating agency Scope has proposed updates to its aviation finance rating methodology, which it says might have moderate rating implications on existing ratings. The agency calls for comments from mark...
The Executive Board of Lufthansa Group has decided to suspend future coupon payments for the hybrid bond issued in 2015 (maturing in 2075) for the duration of the government stabilization measures, wh...
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