Finance

Merx Aviation in market with an inaugural ABS

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Merx Aviation in market with an inaugural ABS

Earlier this week, Merx Aviation launched its inaugural aviation asset backed securitisation (ABS) – $506.5 million in three tranches of notes secured on a portfolio of 25 aircraft, with an average age of nine years and a weighted average remaining lease term of 4.5 years.  The proceeds from the ...

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