Macquarie AirFinance receives second investment grade rating, BBB- from S&P, and prices $500 million of 5.150% Senior Unsecured Notes “The pathway to investment grade has been a strong focus of our Company over the last several years. We are pleased with the achievement of our second investment grade rating, BBB- from S&P, which follows our inaugural investment grade rating from Moody’s in March. These investment grade ratings reflect the strong progress and strategic actions we have taken to build high-quality scale, unencumber the balance sheet and transform our operating metrics. We have seen continued support from the investor community reflected in the market demand for this offering and look forward to continuing to develop those relationships as we grow the business over future years.” - Michael Sims, Chief Financial Officer https://lnkd.in/e7nqmV4j
Michael, congrats to you and the team - very well deserved!
Aircraft Finance
2moNice work mate - guess you can put your feet up now!