Finance

Phoenix Aviation Capital prices its inaugural structured EETC to finance seven 737 MAX 8 aircraft

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Phoenix Aviation Capital prices its inaugural structured EETC to finance seven 737 MAX 8 aircraft

Aircraft lessor Phoenix Aviation Capital priced its first structured enhanced equipment trust certificate (EETC) financing, Phoenix Aviation Capital Series 2024-1 EETC (PAC 2024-1) since its formation in April 2024. PAC 2024-1 totals $242 million of asset-backed debt and will be used to finance a p...

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