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Aergo Capital launches debut ABS – METAL 2017

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Aergo Capital launches debut ABS – METAL 2017

Aergo Capital is in the market with its debut asset backed securitisation (ABS) deal – METAL 2017-1 – which is secured on a portfolio of 26 aircraft. The $605.5 transaction comprises four tranches: $403 million A notes, rated A by Kroll with an initial loan-to-value (LTV) of 62.5%; $86 million ...

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