KBRA Affirms Ratings for Castlelake Aircraft Structured Trust 2017-1

NEW YORK (July 19, 2019) – Kroll Bond Rating Agency, Inc. (KBRA) affirms the ratings on the Class A Loans, Class B Loans and Class C Loans (collectively, the “Loans”), of Castlelake Aircraft Structured Trust 2017-1, an aircraft ABS transaction, which closed on July 19, 2017. As of March 31, 2019, 41 aircraft were on lease to 15 lessees located in 11 countries.

The ratings affirmation reflects the fact that the collateral performance is in line with KBRA’s base case scenario.

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