Moody’s ups AIrcastle, debt to Ba1

Moody's Investors Service said it upgraded Aircastle Ltd.’s corporate family and senior unsecured debt ratings to Ba1 and revised the outlook to stable from positive.

The upgrades reflect the measures Aircastle has taken in the last five years to improve the risk profile of its aircraft fleet and strengthen its liquidity, while maintaining a strong capital position and growing its franchise, Moody’s said.

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