Avation PLC CREDIT RATING (0664L)
16 April 2018 - 11:40PM
UK Regulatory
TIDMAVAP
RNS Number : 0664L
Avation PLC
16 April 2018
AVATION PLC
("Avation" or "the Company")
CREDIT RATING OUTLOOK REVISED TO POSITIVE
Avation PLC (LSE: AVAP), the commercial passenger aircraft
leasing company announces that S&P Global Ratings ("S&P")
has issued a research update on the Company.
On April 16, 2018, S&P revised its outlook on Avation PLC to
positive from stable. S&P also affirmed their 'B+' long-term
issuer credit rating on Avation. At the same time, S&P affirmed
their 'B' long-term issue rating on the medium-term notes (MTN)
program that Avation guarantees and the US$150 million senior
unsecured notes under the program.
The full text of the S&P research update may be viewed at
the press release section of www.standardandpoors.com.
-ENDS-
More information on Avation can be seen at: www.avation.net
Enquiries:
Avation T: +65 6252 2077
Jeff Chatfield, Executive
Chairman
Notes to Editors:
Avation PLC is a commercial passenger aircraft leasing company,
headquartered in Singapore, owning and managing a fleet of jet and
turboprop aircraft which it leases to airlines across the world.
The Company's customers include EVA Air, easyJet, Philippine
Airlines, Air France, Air India, Condor, Flybe, Fiji Airways,
Thomas Cook, Virgin Australia, Mandarin Airlines and Vietjet Air.
More information on Avation is available at www.avation.net.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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April 16, 2018 09:40 ET (13:40 GMT)
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