Moody's rates AWAS loan Ba2

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

The outlook is stable.

Moody's said the Ba2 rating assigned to the loan is one notch above the Ba3 corporate family rating of AWAS, based upon the facility's terms that meaningfully lower secured creditors' risk of loss.

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