Avolon Receives Corporate Credit Ratings
Fitch Ratings, Moody’s and S&P Global Issue Credit Ratings
DUBLIN & HONG KONG--(BUSINESS WIRE)-- Avolon Holdings Limited (“Avolon”), the international aircraft leasing company, announces that the three international credit rating agencies, Fitch Ratings, Moody’s and S&P Global Ratings, have issued corporate/issuer credit ratings on Avolon. They are:
Fitch Ratings: BBMoody’s: Ba3S&P Global: BB+
About Avolon
Headquartered in Ireland, with offices in the United States, Dubai, Singapore, Hong Kong and Shanghai, Avolon provides aircraft leasing and lease management services. Avolon is a wholly-owned, indirect subsidiary of Bohai Capital Holding Co., Ltd., a Chinese public company listed on the Shenzhen Stock Exchange. On 6 October, 2016, Avolon announced an agreement to acquire the aircraft leasing business of CIT Group which will create a leading aircraft leasing business with an owned, managed and committed fleet, on a pro forma basis as of 30 September, 2016 of 868 aircraft valued at over US$43 billion.
Website: www.avolon.aeroTwitter: @avolon_aero
View source version on businesswire.com: http://www.businesswire.com/news/home/20170111006177/en/
FTI Consulting for Avolon
Jonathan Neilan
US & Europe
T:
+353 1 663 3686
M: +353 86 231 4135
[email protected]
or
Sean
Pattwell
Asia
T: +852 3768 4543
M: +852 9227 8321
[email protected]
Source: Avolon Holdings Limited
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