KBRA Assigns Preliminary Ratings to KDAC Aviation Finance (Cayman) Limited

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three series of notes (the “Notes”) issued by KDAC Aviation Finance (Cayman) Limited. Proceeds from the Notes will be used to acquire 36 aircraft (the “Portfolio”) on lease to 30 lessees located in 24 countries (including one aircraft subject to a letter of intent (“LOI”), for which no new lease has been signed). As of November 8, 2017, the initial weighted average aircraft age of the Portfolio is approxim