KBRA rates a number of airlines (to date, on an unpublished basis) to support ratings on Enhanced Equipment Trust Certificates
and other secured-aircraft transactions either directly issued by airlines or for lease-backed transactions with airlines as lessees.
American Airlines has priced an offering of two classes of promoted equipment trust certificates
in the aggregate face amount of approximately $957 million.
Among options on the table, Ryanair is exploring whether to use a euro-denominated version of Enhanced Equipment Trust Certificates
(EETC), a dollar-denominated funding structure popular with US airlines and gradually being adopted abroad.
It has also sold Enhanced Equipment Trust Certificates
(EETCs) in the last year, which are similar to a form of secured debt financing, like mortgages.
1 May 2012 - Morgan Stanley & Company LLC, Citigroup Global Markets Inc and Goldman Sachs & Company were mandated to book-run a sale of enhanced equipment trust certificates
by US Airways Inc, the airline said on Monday.
US Airways Group Inc (NYSE: LCC), a US-based airline company, has announced two offerings of enhanced equipment trust certificates
in a financing proposal.
US Airways Inc, a wholly-owned subsidiary of US Airways Group Inc (NYSE:LCC) on Thursday announced its plans to make an offering of Class C enhanced equipment trust certificates
in the aggregate principal amount of approximately USD53m.
Rating Aircraft Enhanced Equipment Trust Certificates
Air Canada said it is closing its private offering of three tranches of enhanced equipment trust certificates
, in the aggregate face amount of USD1,031,390,000.
M2 EQUITYBITES-March 26, 2015-Air Canada private offering of enhanced equipment trust certificates
Citigroup, Goldman Sachs Group and Morgan Stanley have been hired as book-runners on USD$630 million of enhanced equipment trust certificates
(EETCs) issued by DNA Alpha (Doric) to finance the latest aircraft deal.
The Montreal-based airline has declared private offering of three tranches of better equipment trust certificates
(EETC) worth US$714.