KDAC Aviation finance $722.5 million ABS

Overview:

• KDAC Aviation Finance has issued $768.4 million of asset backed notes. 
• The notes are issued in three tranches: $565 million A notes and $95.5 million B notes due 2030, and $62 million C notes due 2025.
• The issues are backed by a portfolio of 36 aircraft on lease to 30 lessees located in 24 countries.

Rajeeb Gurung - Researcher