General Announcement::RATING OUTLOOK

Issuer & Securities

Issuer/ Manager
AVATION CAPITAL S.A.
Securities
AVATIONCAPUS$100M7.5%N200527A - US05351QAA40 - 29YB
AVATIONCAPUS$100M7.5%N200527R - USL5647NAA20 - 29ZB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-Jul-2016 16:31:20
Status
New
Announcement Sub Title
RATING OUTLOOK
Announcement Reference
SG160727OTHRSF49
Submitted By (Co./ Ind. Name)
AVATION PLC / DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
27/07/2016 17:00:00
Description (Please provide a detailed description of the event in the box below)
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company advises that Fitch Ratings has affirmed Avation's credit rating outlook.

Fitch Ratings said in a press release: "Fitch Ratings-New York-26 July 2016: Fitch Ratings has affirmed Avation PLC's (Avation) long-term Issuer Default Rating (IDR) at 'B+' and its senior unsecured debt rating at 'B+/RR4'. The Rating Outlook is Stable. These actions are being taken in conjunction with a broader aircraft leasing industry peer review conducted today by Fitch, which includes five publicly rated firms. For more commentary on the broader sector review, please see 'Fitch Completes Aircraft Lessor Peer Review', available at 'www.fitchratings.com'.

Attachments

avap_rns fitch _july16.pdf
Total size =5K