Canyon is Managing Agent for Apollo Aviation Holdings Limited (AASET 2018-2) ABS
November, 2018: Canyon Financial Services Limited (“Canyon”) is pleased to announce that we have been appointed as the Managing Agent for Apollo Aviation Holdings Limited (AASET 2018-2) Asset Backed Securitisation (“ABS”) of $613.1 million secured notes to finance the acquisition of a portfolio of aircraft.
The ABS portfolio consists of 35 aircraft, containing a mix of 29 narrow-body and 6 wide-body jet aircraft, currently on lease to 30 lessees located in 25 countries.
“We are delighted to support Apollo Aviation Holdings Limited on this transaction. There is a lot of aviation ABS activity in the market and our Aircraft ABS division is growing steadily. This transaction demonstrates the capabilities of the team at Canyon to deliver complex transactions”.
David Evans, Managing Director, North America, Canyon
Alongside Canyon in our role of Managing Agent for the transaction, Goldman Sachs is the Sole Structuring Agent and Lead Arranger, Citibank is the Trustee and Natixis is providing the Liquidity Facility.