Kroll Bond Rating Agency Assigns Preliminary Ratings to Falcon Aerospace Limited

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of loans issued by Falcon Aerospace Limited. Proceeds from the sale of the loans will be used to purchase a fleet of 21 aircraft that are initially leased to 13 airlines located in 12 countries with an initial total value of approximately $496.1 million. Dubai Aerospace Enterprise Ltd. (DAE or “the Company”) will act as the servicer for the transaction. DAE is the largest aircraft lessor in t