NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of Notes (the “Notes”) issued by Castlelake Aircraft Structured Trust 2018-1. Proceeds from the sale of the Notes will be used to purchase a fleet of 36 aircraft that are initially leased to 18 lessees located in 15 countries with an initial total value of approximately $1,091.3 million. This transaction represents the fifth securitization for Castlelake, L.P. (“Castlelake” or the “Company”).
