Apollo Aviation Group (“Apollo Aviation”) on January 23, 2018, priced its fifth aircraft portfolio transaction: AASET 2018-1 Trust (“AASET 2018-1”). AASET 2018-1 will issue $442.276 million of Secured Notes that will be used to acquire a fleet of 24 aircraft.

AASET 2018-1 will issue three tranches of Secured Notes with the following principal amounts and coupons: $351.689 million Class A Fixed Rate Secured Notes Series 2018-1 at 3.844%, $58.615 million Class B Fixed Rate Secured Notes Series 2018-1 at 5.437%, and $31.972 million Class C Fixed Rate Secured Notes Series 2018-1 at 6.413%. Apollo Aviation Management Limited, an affiliate of Apollo Aviation, will act as servicer for the transaction. The Class A Fixed Rate Secured Notes Series 2018-1 will be sold at a price equal to 99.99985% of their face value, with an effective yield of 3.875%. The Class B Fixed Rate Secured Notes Series 2018-1 will be sold at a price equal to 99.99695% of their face value, with an effective yield of 5.500%. The Class C Fixed Rate Secured Notes Series 2018-1 will be sold at a price equal to 99.99902% of their face value, with an effective yield of 6.500%.

The Secured Notes to be issued by AASET 2018-1 in the transaction have not been registered under the United States Securities Act of 1933, as amended (the “Securities Act”), and are being offered only to qualified institutional buyers pursuant to Rule 144A under the Securities Act and outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act. The Secured Notes may not be sold in the United States absent registration under the Securities Act or pursuant to an applicable exemption from registration requirements under the Securities Act.