Digital Media Net - Your Gateway To Digital media Creation. News and information on Digital Video, VR, Animation, Visual Effects, Mac Based media. Post Production, CAD, Sound and Music
Categories: News

KBRA Assigns Preliminary Ratings to Raptor Aircraft Finance I Limited

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three series of notes (the “Notes”) issued by Raptor Aircraft Finance I Limited (the “Cayman Issuer”) and Raptor Aircraft Finance I LLC (the “US Issuer”, and, together with the Cayman Issuer, “Raptor 2019‑1”, or the “Issuers”).

This transaction represents the inaugural securitization for Seraph Aviation Management Limited (“Seraph” or the “Servicer”). Seraph is an indirect wholly owned subsidiary of Stellwagen Group Limited (“Stellwagen”), which has its registered office in Malta and has offices in Dublin, Stamford, CT, London and Seoul.

Proceeds from the sale of the Notes will be used to acquire 19 aircraft (the “Portfolio”) on lease to 14 lessees located in 12 jurisdictions. As of June 30, 2019, the initial weighted average aircraft age of the Portfolio is approximately 3.7 years with a weighted average remaining lease term of approximately 7.0 years.

To access ratings, reports and disclosures, click here.

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

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 designated as a designated rating organization by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider, and is 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.

Contacts

Analytical Contacts:

Alan Greenblatt, Senior Director

(646) 731-2496

agreenblatt@kbra.com

Michael Lepri, Associate Director

(646) 731-3389

mlepri@kbra.com

Danise Chui, Senior Director

(646) 731-2406

dchui@kbra.com

Zara Shirazi, Director

(646) 731-3326

zshirazi@kbra.com

Business Development Contact:

Ted Burbage, Managing Director

(646) 731-3325

tburbage@kbra.com

Staff

Recent Posts

CCC Announces RightFind Cite It for Mac

Helps Medical Writers Cite References More Efficiently with New Native Application and Enhanced User Experience…

2 hours ago

California Pizza Kitchen is Boycotting Pizza During National Pizza Month

Company will reward guests who order anything BUT its signature pizzas this October to spark…

2 hours ago

CACI Awarded Task Order with the U.S. Navy Military Sealift Command to Support Fleet Readiness

RESTON, Va.--(BUSINESS WIRE)--CACI International Inc (NYSE: CACI) announced today it has been awarded a $174…

2 hours ago

Blue Apron’s Annual Thanksgiving Menu is Back with More Options Than Ever Before

Flexible, Mix-and-Match Offerings Designed to Simplify Holiday Meal Planning NEW YORK--(BUSINESS WIRE)--Blue Apron (NYSE: APRN)…

2 hours ago

Hudson Set To Open Two New Stores, Evolve and Hudson Nonstop, At LAX Terminal 3

Travel Convenience & Specialty Retail Stores Will Bring Ultimate Convenience & Digital Innovation To New…

2 hours ago

Avaya Named a ‘Leader’ in the 2022 Aragon Research Globe™ for Intelligent Video Conferencing – Enabling Future-Ready Unified Communications

Avaya Driving Innovation in Traditional Video Meetings with True Workstream Collaboration, Enabling Teams to Achieve…

2 hours ago