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Fitch rates Avia Solutions notes BB
Fitch Ratings said it assigned an expected BB rating to $300 million of notes to be offered by ASG Finance DAC, which is wholly owned by Avia Solutions Group plc.
Avia and its key subsidiaries will guarantee the bonds, Fitch said.
Fitch also assigned an expected first-time rating of BB to Avia with a stable outlook.
Proceeds will be used for capital expenditures.
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