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Prospect News home > News index > List of issuers A > Headlines for Avolon Holdings Ltd. > News item
Published on 5/2/2023 in the Prospect News Bank Loan Daily and Prospect News Investment Grade Daily.

KBRA assigns BBB+ to Avlon notes

KBRA said it assigned a BBB+ rating to Avolon Holdings Funding Ltd.’s expected $750 million of 6 3/8% senior unsecured notes due in May 2028. The issuer is a direct wholly owned subsidiary of Avolon Holdings Ltd.

KBRA most recently affirmed Avolon’s BBB+ issuer rating and senior unsecured debt rating on March 24, with a stable outlook

Avolon plans to use the proceeds for general corporate purposes, which may include the future repayment of indebtedness.


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