Aviation Capital Group Corp., an owner and international lessor of commercial passenger jets, is marketing a collection of leases on some of it older fleet of aircraft assigned to largely emerging-market carriers.

Merlin Aviation Holdings DAC is a $250.8 million, three-note series backed by leases of 18 aging aircraft in the collateral pool.  The funds being raised are slated for the purchase or refinance of the narrow-body, single-aisle aircraft leased out to 17 airlines in 16 countries.

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