AVATION PLC — Capital/Financing Update 2018

Nov 21, 2018

National Storage Mechanism | Additional information

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RNS Number : 0992I

Avation PLC

21 November 2018

AVATION PLC

("Avation" or "the Company")

RATINGS ACTIVITY

Avation PLC (AVAP: LSE), the commercial passenger aircraft leasing company, announces that S & P Global Ratings have issued a credit rating update press release on the Company.

In a press release made on the 20th of November 2016 S & P Global Ratings affirmed its 'B+' long-term issuer credit rating on Avation PLC. The S & P Global Ratings press release stated that its outlook remains positive and at the same time raised the long-term issue rating on Avation's senior unsecured notes to 'B+' from 'B' and removed the rating from CreditWatch where it was placed with positive implications.

The full text of the S & P Global ratings report may be viewed at the press release section of www.standardandpoors.com.

-ENDS-

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

Enquiries:

Avation PLC - Jeff Chatfield Executive Chairman                                         +65 6252 2077

Notes to Editors:

Avation PLC (AVAP: LSE) is an aircraft leasing company, headquartered in Singapore, owning and managing a fleet of commercial passenger aircraft which it leases to international airlines across the globe.  

More information on Avation is available at www.avation.net.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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