GECAS | ABS | 12-13 | $365m | 32xEngines

Gecas has closed a $305 million engine asset backed securitization (ABS) last Friday to facilitate the sale of 32 aircraft engines. Airfinance Journal understands that the deal comprises of a $305 million ABS, which acted as the debt for the transaction, combined with a $57.5 million subordinate E note certificate to an undisclosed institutional...

Blurred image of IJGlobal article content
Blurred image of IJGlobal project key facts