Reported 8 months ago
Carlyle Aviation Partners has re-entered the asset-backed securities market with a bond sale backed by commercial aircraft after a two-year hiatus. The aviation sector is experiencing a resurgence as new plane sales face challenges, with Carlyle pricing a more than $400 million deal in early June. This return signals positive prospects for aviation companies seeking funds backed by aircraft leases, as fewer new planes increase the value of existing aircraft. The transaction will be used to purchase 12 planes, marking Carlyle Aviation Partners' fifteenth aircraft portfolio transaction.
Source: YAHOO