Call for aircraft ABS protections

Category: ABS CLOs CMBS

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Call for aircraft ABS protections
Fitch reports that a material number of aircraft failed to be novated to two aircraft ABS - START III and Lunar 2020-1 – last year, following closing. The failure of aircraft to novate in START III resulted in the asset count falling to just two aircraft from 19 initially, while six of 18 initial aircraft did not novate following the closing of Lunar 2020-1.

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