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Castlelake prices Castlelake Aircraft Structured Trust 2017-1

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Castlelake prices Castlelake Aircraft Structured Trust 2017-1

Castlelake has priced its latest structured ABS financing: Castlelake Aircraft Structured Trust 2017-1 (CLAS 2017-1). CLAS 2017-1 totals $785.5 million of asset-backed debt and will be used to finance a fleet of 43 aircraft. The structured ABS includes a delayed draw mechanism designed to minimize i...

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