Dublin & Hong Kong | 8 September, 2017: Avolon, the international aircraft leasing company, announces that credit rating agency Moody’s Investors Service (Moody’s) has upgraded its corporate credit rating on Avolon Holdings Limited to Ba2 with a stable outlook.

Moody’s has also upgraded the senior secured ratings of Avolon TLB Borrower 1 (US) LLC and Avolon TLB Borrower 1 (Luxembourg) S.a.r.l. to Ba1 from Ba2, and the senior unsecured rating of Park Aerospace Holdings Limited to Ba3 from B1. The outlook for each of these ratings is also stable.