KBRA rates a number of airlines (to date, on an unpublished basis) to support ratings on Enhanced Equipment Trust Certificates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.
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.