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AVAP Avation Plc

110.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Avation Plc LSE:AVAP London Ordinary Share GB00B196F554 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 110.00 108.00 112.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Equip Rental & Leasing, Nec 91.86M 12.19M 0.1720 6.40 77.95M

Avation PLC CREDIT RATING (0664L)

16/04/2018 2:40pm

UK Regulatory


Avation (LSE:AVAP)
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From Apr 2019 to Apr 2024

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TIDMAVAP

RNS Number : 0664L

Avation PLC

16 April 2018

AVATION PLC

("Avation" or "the Company")

CREDIT RATING OUTLOOK REVISED TO POSITIVE

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company announces that S&P Global Ratings ("S&P") has issued a research update on the Company.

On April 16, 2018, S&P revised its outlook on Avation PLC to positive from stable. S&P also affirmed their 'B+' long-term issuer credit rating on Avation. At the same time, S&P affirmed their 'B' long-term issue rating on the medium-term notes (MTN) program that Avation guarantees and the US$150 million senior unsecured notes under the program.

The full text of the S&P research update may be viewed at the press release section of www.standardandpoors.com.

-ENDS-

More information on Avation can be seen at: www.avation.net

Enquiries:

 
 Avation                        T: +65 6252 2077 
  Jeff Chatfield, Executive 
  Chairman 
 

Notes to Editors:

Avation PLC is a commercial passenger aircraft leasing company, headquartered in Singapore, owning and managing a fleet of jet and turboprop aircraft which it leases to airlines across the world. The Company's customers include EVA Air, easyJet, Philippine Airlines, Air France, Air India, Condor, Flybe, Fiji Airways, Thomas Cook, Virgin Australia, Mandarin Airlines and Vietjet Air. More information on Avation is available at www.avation.net.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCLLFVVSRIRLIT

(END) Dow Jones Newswires

April 16, 2018 09:40 ET (13:40 GMT)

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