General Announcement::JUNIOR FINANCE FOR THREE AIRCRAFT

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
18-Jan-2017 14:52:02
Status
New
Announcement Sub Title
JUNIOR FINANCE FOR THREE AIRCRAFT
Announcement Reference
SG170118OTHRAHH0
Submitted By (Co./ Ind. Name)
DUNCAN SCOTT
Designation
GENERAL COUNSEL
Effective Date and Time of the event
17/01/2017 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 Tamweel Aviation Finance has made a press release concerning junior finance for the purchase of three aircraft.

The text of the press release is as follows:

"Novus' TAF finances three A321-200s for Avation PLC delivered to VietJet

Dubai, UAE - January 16, 2017: Tamweel Aviation Finance (TAF) has closed the financing of the third of a three-A321-200 new aircraft facility for Avation PLC (AVAP.LN), the London LSE listed and Singapore based lessor. All three aircraft are on long-term operating leases with fast-growing Vietnamese low-cost carrier VietJet Air.

TAF is the finance leasing platform managed by Novus Aviation Capital (Novus) which brings together a partnership of Airbus SAS (Airbus), the Development Bank of Japan Inc (DBJ) and Norddeutsche Landesbank Girozentrale (Nord/LB) to provide attractive high LTV mezzanine financing to the world's airlines and lessors for Airbus products. Having just completed three years of successful operation, TAF has grown to a portfolio size of more than US$1 billion of assets by market value."

Attachments

avap_rnsreach tamweel jan17.pdf
Total size =85K