Finance

Fitch Places Lunar Aircraft 2020-1 on rating watch negative due to novation issue

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Fitch Places Lunar Aircraft 2020-1 on rating watch negative due to novation issue

Fitch Ratings has placed the outstanding class A, B and C notes of Lunar Aircraft 2020-1 Limited (Lunar) on Rating Watch Negative. The rating actions on Lunar are driven by the termination of purchase agreements to novate six aircraft in the pool prior to November 23, 2020 (delivery expiry date) whi...

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