Airline

Asiana Airlines closes $370 million ABS deal

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Asiana Airlines closes $370 million ABS deal

Asiana Airlines has raised $370 million from an asset backed securities (ABS) deal, the first Korean airline to issue US dollar-denominated ABS predominantly backed by yen-denominated air-ticket receivables. The airline has priced the five-year floating rate notes at 300bp over one-month USD Libor i...

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