Avation PLC CREDIT RATING UPGRADED TO BB- BY S&P (4937O)
02 October 2019 - 6:50PM
UK Regulatory
TIDMAVAP
RNS Number : 4937O
Avation PLC
02 October 2019
AVATION PLC
("Avation" or "the Company")
CREDIT RATING UPGRADED TO BB- BY S&P
Avation PLC (LSE: AVAP), the commercial passenger aircraft
leasing company advises that S&P Global Ratings ("S&P") has
published a research update on the Company and has upgraded the
Company's issuer default rating to BB- (stable outlook).
S&P are also raising the issue rating for Avation Capital
S.A.'s $350 million Senior Notes due 2021 issued under the
Company's Global Medium-Term Note Program from B+ to BB-.
-ENDS-
Enquiries:
Avation T: +65 6252 2077
Jeff Chatfield, Executive Chairman
Avation welcomes shareholder questions and comments and advises
the email address is: investor@avation.net.
Notes to Editors:
Avation PLC is an aircraft leasing company, headquartered in
Singapore, owning and managing a fleet of commercial passenger
aircraft which it leases airlines around the world.
More information on Avation is available at www.avation.net.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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