AWAS and Kahala close $260,750,000 Aircraft ABS Notes

Leading global lessor agrees to sell a portfolio of 30 aircraft to Diamond Head Aviation 2015 Limited.

Dublin based aircraft lessor, AWAS, announced today that Diamond Head Aviation 2015 Limited (the "Issuer") has closed a $260.75m Fixed Rate Asset-Backed Notes offering, comprised of US$199,250,000 of 3.81% Class A Fixed Rate Asset-Backed Notes ("Class A Notes") and US$61,500,000 of 5.92% Class B Fixed Rate Asset Backed Notes ("Class B Notes"). The Issuer also offered subordinate Class E Notes representing the equity interest in the Issuer (together with Class A Notes and the Class B Notes, the "Notes"), which were purchased by Kahala Ireland Investments DAC, an affiliate of Kahala Aviation Holdings, LLC.

2015 - July - AWAS-Kahala DH Final PR

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