Avolon Upgraded by Fitch and Moody?s

BY Business Wire | CORPORATE | 05/13/25 02:21 PM EDT

- Upgrade driven by enhanced profitability and balance sheet strength

- Fitch rating moves to BBB, Moody?s to Baa2

DUBLIN--(BUSINESS WIRE)-- Avolon Holdings Limited (?Avolon?), a leading global aviation finance company, announces that Fitch Ratings (?Fitch?) and Moody?s Ratings (?Moody?s) have upgraded its issuer and senior unsecured notes ratings.

Fitch has upgraded Avolon from BBB- to BBB, and Moody?s has upgraded Avolon from Baa3 to Baa2, both with a stable outlook.

Fitch and Moody?s have also made similar upgrades to their issue-level rating on all outstanding senior unsecured notes issued by Avolon?s wholly owned subsidiary, Avolon Holdings Funding Limited.

Ross O?Connor, Avolon CFO, commented: ?The upgrades from Fitch and Moody?s reflect our continued strong financial performance and disciplined growth. These improved ratings highlight the strength of our balance sheet and high levels of liquidity, positioning us to build on our financial success to date.?

About Avolon

Avolon is a leading global aviation finance company connecting capital with customers to drive the transformation of aviation and the economic and social benefits of global travel. We pride ourselves on our deep customer relationships, our collaborative team approach, and our fast execution. We invest with a long-term perspective, diversifying risk and managing capital efficiently to maintain our strong balance sheet. Working with 141 airlines in 60 countries, Avolon has an owned, managed, and committed fleet of 1,096 aircraft, as of 31 March 2025. www.avolon.aero

Source: Avolon Holdings Limited

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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