Americas

Fitch notes novation, tail concentration risks in pre-pandemic aircraft ABS

  • Share this:
Fitch notes novation, tail concentration risks in pre-pandemic aircraft ABS

Aircraft operating lease ABS transactions issued prior to 2021 have two structural elements that expose senior investment-grade class A notes to elevated concentration risks, Fitch Ratings says. These risks arise when a material number of aircraft fail to novate into pools during a delivery period a...

Page content restricted for non-members!

Become a member!