15 Jul 2019
KBRA Upgrades Avolon Senior Unsecured Notes to BBB+
Dublin | 15 July 2019:
Avolon Holdings Limited (‘Avolon’), the international aircraft leasing company, announces that Kroll Bond Rating Agency (‘KBRA’) has upgraded the rating on its senior unsecured notes to BBB+.
KBRA has upgraded its issue-level rating on all outstanding senior unsecured notes issued by Avolon’s wholly owned subsidiaries, Avolon Holdings Funding Limited and Park Aerospace Holdings Limited, from BBB to BBB+ with a stable outlook. KBRA maintains its BBB+ investment grade issuer rating on Avolon, with a stable outlook.
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