Moody’s Upgrades Avolon Credit Ratings

Moody's Investors Service upgrades Avolon corporate credit rating to Ba2

DUBLIN & HONG KONG--()--Avolon, the international aircraft leasing company, announces that credit rating agency Moody’s Investors Service (Moody’s) has upgraded its corporate credit rating on Avolon Holdings Limited to Ba2 with a stable outlook.

Moody’s has also upgraded the senior secured ratings of Avolon TLB Borrower 1 (US) LLC and Avolon TLB Borrower 1 (Luxembourg) S.a.r.l. to Ba1 from Ba2, and the senior unsecured rating of Park Aerospace Holdings Limited to Ba3 from B1. The outlook for each of these ratings is also stable.


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 (SLE: 000415). Avolon is the world’s third largest aircraft leasing business with a pro-forma owned, managed and committed fleet, as of 30 June, 2017 of 921 aircraft valued at over US$46 billion.


Twitter: @avolon_aero


Andrew Synnott, +353 1 231 5851
VP of Investor Relations
Sean Pattwell, +353 1 556 4454
Head of Communications
FTI Consulting
Jonathan Neilan, +353 86 231 4135

Recent Stories

RSS feed for Avolon