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AVATION PLC Capital/Financing Update 2017

Mar 7, 2017

4886_rns_2017-03-07_2a67eda6-c850-44c0-8c22-f81f38049aaa.html

Capital/Financing Update

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RNS Number : 7259Y

Avation PLC

07 March 2017

AVATION PLC

EGAN-JONES CREDIT RATING 

Avation PLC ("Avation" or the "Company"), the commercial passenger aircraft leasing company, advises a ratings assessment has been made by Egan-Jones Ratings Company as follows:

Avation PLC (LSE:AVAP)      

Company Rating: BB

Avation Capital S.A. $100,000,000 7.5% guaranteed notes due 2020:  BB

-ENDS-

More information on Avation can be seen at: www.avation.net

Enquiries:

Avation

Jeff Chatfield, Executive Chairman
T: +65 6252 2077

Notes to Editors:

Avation PLC is a commercial passenger aircraft leasing company, owning and managing a fleet of 40 jet and turboprop aircraft which it leases to airlines across the world. The Company's customers include Air France, Air Berlin, Air India, Condor, Flybe, Fiji Airways, Thomas Cook, Virgin Australia, UNI Air and Vietjet Air.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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