GE Capital Aviation Services is marketing $709 million of notes backed by aircraft leases, according to Kroll Bond Rating Agency.

The transaction, Labrador Aviation Finance, will issue two tranches of notes: $603 million of series A with an initial A rating and $106 million of series B notes with an initial BBB rating. All of the notes have a final maturity of January 2042.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.