Canyon is Managing Agent for AASET 2019-2, a US$540.4 Million Asset Backed Securitization Deal for Carlyle Aviation Partners
September, 2019: Canyon Financial Services Limited, a Vistra Group company (“Canyon”) is pleased to announce we have been appointed as the Managing Agent for Carlyle Aviation Partners Ltd (AASET 2019-2) Asset Backed Securitization (“ABS”) of US$540.4 million secured notes to finance a portfolio of aircraft.
This transaction represents Carlyle’s ninth securitization. The ABS portfolio consists of 29 aircraft, 25 of which are narrow-body aircraft and four are widebody aircraft, currently on lease to 17 lessees located in 14 countries.
“We are delighted to once again support Carlyle Aviation Partners on yet another ABS transaction. Our Aircraft/ABS division has collaborated successfully with Carlyle Aviation Partners on their AASET 2018-2 ABS and are excited to assist them again with this financing.”
David Evans, Managing Director, North America, Canyon
Alongside Canyon in our role of Managing Agent for the transaction, Carlyle Aviation Management Ltd are the Servicer; Goldman Sachs is the Sole Structuring Agent and Lead Bookrunner; Citibank is the Security Trustee, Operating Bank and Trustee and Natixis is providing the Liquidity Facility.