Kroll Bond Rating Agency Assigns Preliminary Ratings to AASET 2017-1 Trust

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes (the “Notes”) issued by AASET 2017-1 Trust. Proceeds from the sale of the Notes will be used to purchase 32 aircraft that are initially leased to 23 airlines located in 20 countries with an initial total value of approximately $737.6 million. This transaction represents the fourth securitization for Apollo Aviation Group (“Apollo” or the “Company”). Apollo was founded in 2002 with a