Mntg Qantas 787 arrives in Sydney after nonstop flight from JFK
BOC Aviation is selling a 17-aircraft portfolio of mostly mid-life narrowbodies via a $548 million securitisation called Silver Aircraft.The deal, which was launched this morning according to a Kroll Bond Rating Agency KBRA pre-sale report, shows the securitisation will be offered in three tranches. KBRA and Fitch Ratings have assigne
stanley shop d the tranches the following ratings: the $443 million series A notes A , the $73 million series B notes BBB and the $32 mi
stanley deutschland llion series C notes BB .BOC Aviation will not be retaining any of the equity but as servicer will receive 20% of the equity cashflow after the E-note holders receive an effective internal rate of return of 12%.BOC Aviation closed its $808 million inaugural securitisation - SAIL - in 2015, backed by a pool of 24 aircraft. At the time, it was reported that asset manager Och Ziff purchased the E-note in that transaction.The portfolio backing the Silver Aircraft transaction consists of 15 next generation narrowbodies and two Boeing widebodies, accounting for nearly one-third of the portfolio value.Fitch notes that the Boeing 787-8 and Boeing 777-300ER are prone to higher transition costs and are the two larges
stanley cup t single aircraft and together comprise 32% of the pool .While KBRA says it accounted for the significant widebody exposure of the two Boeing widebodies by examining various default and sales timing for this aircraft, as well as applying an additional haircut stress to the lease rates and sales proceeds in differe Ocrx Cranfield Aerospace signs up first customer for Islander hydrogen conversion
WASHINGTON 鈥?Just moments before leaving office, President Joe Biden commuted the life sentence of Indigenous
stanley cup activist Leonard Peltier, who was co
stanley usa nvicted in the 1975 killings of two FBI agents.Peltier was denied parole as recently as July and wasn ;t eligible for parole again until 2026. He was serving life in prison for the deaths of the agents during a standoff on the Pine Ridge Indian Reservation in South Dakota. He will transition to home confinement, Biden said in a statement.Biden has set the presidential record for most individual pardons and commutations issued. He announced on Friday that he was commuting the sentences of almost 2,500 people convicted of nonviolent drug offenses. He also gave a broad
stanley cup pardon for his son Hunter, who was prosecuted for gun and tax crimes. On Monday, Biden also pardoned Gerald Lundergan, a Democratic politician from Kentucky who served in the state House of Representatives. He was convicted of illegal campaign contributions to his daughter failed U.S. Senate campaign. Ernest William Cromartie, a former Columbia, South Carolina, city council member who was convicted of tax evasion, also was pardoned.The fight for Peltier freedom is entangled with the Indigenous rights movements. Nearly half a century later, his name remains a rallying cry.An enrolled member of the Turtle Mountain Band of Chippewa in North Dakota, Peltier was active in the American Indian Movement, which began in the 1960s as a local organization in Mi
