Editorial Comment

Fly’s credit stronger than bond yields imply – JP Morgan

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Fly’s credit stronger than bond yields imply – JP Morgan

Despite rent collection levels trailing its peers, Irish lessor FLY’s bonds are trading at a wider premium than their underlying credit strength implies, according to an analyst note by JP Morgan. FLY’s Q2 results said that it was collecting 47% of its pre-pandemic planned rent, a figure which r...

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