Credit Rating
Avation PLC announced on November 5, 2025, that Fitch Ratings affirmed its Long-Term Issuer Default Rating (IDR) at 'B' with a Stable Outlook. Fitch also assigned a final long-term debt rating of 'B'/'RR4' to the senior unsecured bond issued by its wholly-owned subsidiary, Avation Group (S) Pte. Ltd., under its existing USD1 billion global medium-term note programme. This affirmation and new debt rating indicate a stable credit profile for the commercial passenger aircraft leasing company, which could positively influence investor perception and borrowing costs.
Select text to share a quote on X · sign in to keep highlights & notes in your AVAP notes
Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, advises that on 4 Nov 2025: Fitch Ratings affirmed Avation PLC's (Avation) Long-Term Issuer Default Rating (IDR) at 'B' with a Stable Outlook. Fitch has also assigned a final long-term debt rating of 'B'/'RR4' to the senior unsecured bond issued by Avation Group (S) Pte. Ltd. (Avation Group) under its existing USD1 billion global medium-term note programme. Avation Group, a 100%-owned subsidiary of Avation, is the group's applicant member of the Singapore Aircraft Leasing Scheme.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.