Apollo preps first 2018 aircraft ABS for takeoff
Apollo Aviation is opening the 2018 aircraft ABS pipeline with a $442m securitization, but the deal’s exposure to emerging market obligors poses risks.
Goldman Sachs is the sole lead on the deal, which features a mix of widebody and narrowbody aircraft with an initial weighted average age of approximately 14.1 years. The three largest lessees are Beijing Capital Airlines, FlyGlobal and Vueling.Fitch said last month that the increase in emerging ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org