Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company announces that S&P Global Ratings ("S&P") has issued a research update on the Company.
On April 16, 2018, S&P revised its outlook on Avation PLC to positive from stable. S&P also affirmed their 'B+' long-term issuer credit rating on Avation. At the same time, S&P affirmed their 'B' long-term issue rating on the medium-term notes (MTN) program that Avation guarantees and the US$150 million senior unsecured notes under the program.
The full text of the S&P research update may be viewed at the press release section of www.standardandpoors.com.