FTAI Aviation Prices Inaugural Asset-Backed Securitization
FTAI Aviation priced its inaugural asset-backed securitization, FTAI MRE 2026-1, consisting of $612 million in notes backed by 48 narrowbody aircraft on-lease to 23 airlines. The notes received investment-grade ratings, with Series A expected to be rated A by Fitch and KBRA, and Series B rated BBB+ by Fitch, reflecting strong investor demand and oversubscription.
Key figures
- Deal Value Usd
- 612000000
- Airline count
- 23
- Aircraft count
- 48
- Total owned aircraft
- 292
- Strategic capital equity commitments
- 2000000000
AI analysis
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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.