
S&P Upgrades Avolon’s Senior Unsecured Notes to BB
Sep.14th ,Avolon,a wholly-owned, indirect subsidiary of Bohai Capital,announces thatS&P Global Ratings (“S&P”) has upgraded its issue-level rating on the senior unsecured notes due 2022 and2024 issued by its wholly owned subsidiary Park Aerospace Holdings Limited from BB- to BB, with a stable outlook. S&P maintains its BB+ corporate credit rating on Avolon, with a stable outlook.