KBRA Releases Aircraft ABS 2017: Year in Review

With 2017 behind us, Kroll Bond Rating Agency (KBRA) looks back at the Aircraft ABS transactions issued over the past year and focuses on several developing trends and challenges facing the sector.

First and foremost, 2017 was a record year for Aircraft ABS issuance, with 12 transactions totaling over $6.5 billion completed. Over the past several years, investor appetite has increased for the sector and spreads continued to tighten over the course of 2017. Companies who chose to access the capital markets in 2017 represented a “who’s who” of aircraft lessors, including a few repeat issuers as well as first time issuers. The profile of aircraft lessors that accessed the market for the first time in 2017 included several new companies with highly experienced management teams.

After an eventful 2017, KBRA anticipates that 2018 will continue at a similar pace. KBRA expects repeat issuances by certain sponsors and also new issuances by several issuers that plan to enter the market.

Please see KBRA’s research report, Aircraft ABS 2017: Year in Review, which was published today at www.kbra.com.

Related Publications: (available at www.kbra.com)

• 2017 Aircraft Lessors and Secured Aircraft Transactions Year in Review and 2018 Outlook
• Global Aviation ABS Rating Methodology

CONNECT WITH KBRA

Twitter
LinkedIn
Download the iOS App
YouTube

About KBRA and KBRA Europe

KBRA is a full service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO. In addition, KBRA is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider and a certified Credit Rating Agency (CRA) by the European Securities and Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is registered with ESMA as a CRA.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180119005648/en/