REG - Avation PLC - CREDIT RATING – S&P

AvationAnnouncement

11/11/2025 08:00

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RNS Number : 0426H  Avation PLC  11 November 2025

Via RNS and SGXNET

 

 

AVATION PLC

("Avation" or "the Company")

CREDIT RATING - S&P

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company
announces that S&P has assigned a 'B' long-term issue rating to the US$300
million senior unsecured notes due 2031 ("Notes") issued by Avation Group (S)
Pte Ltd under its existing global medium-term note programme. This rating is
in line with the preliminary rating assigned to the Notes by S&P on 21
October 2025.

At the same time S&P has raised its long-term issuer credit rating on
Avation PLC to 'B' from 'B-'.  The new rating has a stable outlook. This
improvement in Avation's credit rating reflects the easing of refinancing and
liquidity risks associated with the redemption of US$298 million of senior
unsecured notes due 2026, which is being made using the proceeds from the
issue of the Notes.

-ENDS-

Enquiries:

Avation PLC - Jeff Chatfield, Executive
Chairman
+65 6252 2077

Avation welcomes shareholder questions and comments and advises the email
address for questions is: investor@avation.net and the Company provides an
investor Q & A during the conference call associated with release of
results. The head office telephone number is +65 6252 2077.

Notes to Editors: Avation PLC is an aircraft leasing company, headquartered in
Singapore, owning and managing a fleet of commercial passenger aircraft which
it leases to airlines around the world. More information on Avation is
available at www.avation.net (http://www.avation.net) .

 

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