Loan & DebtMay 22, 2026, 06:32 AM
FTAI Aviation Prices $612M Asset-Backed Securitization
AI Summary
FTAI Aviation Ltd. announced the successful pricing of its Strategic Capital vehicle’s inaugural asset-backed securitization, FTAI MRE 2026-1, totaling $612 million. The offering is backed by 48 A320ceo and 737NG aircraft leased to 23 global airlines and generated strong investor demand, with both classes of investment-grade notes significantly oversubscribed. This transaction diversifies FTAI's financing sources and deepens its capital markets presence.
Key Highlights
- FTAI Aviation priced its inaugural asset-backed securitization, FTAI MRE 2026-1, for $612 million.
- The offering is backed by a portfolio of 48 A320ceo and 737NG aircraft leased to 23 airlines globally.
- Two classes of investment-grade notes were issued, with Series A rated Asf / A(sf) and Series B rated BBB+sf.
- The transaction is expected to close on June 4, 2026.
- The offering generated strong investor demand, with both note classes significantly oversubscribed.
- FTAI's Strategic Capital vehicle, which owns 292 aircraft, completed fundraising in Oct 2025 with $2.0 billion equity commitments.
Price Impact
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