Apollo Aviation is marketing its first securitization of aircraft leases, according to Kroll Bond Rating Agency.

The $556.3 million Apollo Aviation Securitization Equity Trust 2014-1 will issue $422 million of loans with a preliminary ‘A’ rating and $134.3 million of loans with a preliminary ‘BBB’ rating. All of the loans amortize over 13 years; all of the loans have a final maturity of November 2029.

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