Moody's: AWAS loan Ba2

Moody's Investors Service said it assigned a provisional Ba2 long-term rating to AWAS Aviation Capital Ltd.'s $360 million term loan due 2018.

The Ba3 corporate family rating and the existing Ba2 rating on the 2016 term loan and senior secured notes were affirmed.

The outlook is stable.

The provisional Ba2 rating is contingent upon AWAS' success in placing the proposed loan, Moody's said.

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