JOL Air-2019-01 wins the ABS Deal of the Year Award

August 2020: JOL Air-2019-01 has been awarded the ABS Deal of the Year award at the Airfinance Journal Global Awards. JOL Air-2019-01 was noted for being a highly innovative transaction, being the first ABS to feature securitised debt and JOL equity. For its inaugural securitisation, Stratos arranged the acquisition and novation of the aircraft, the debt bridge funding, the warehouse loan, the ABS issuance and continues to act as the servicer. This was the first transaction where Japanese JOL investors were provided with an opportunity to invest in a cross-collateralised pool of aircraft at different lessees. More information on the transaction is contained in the attached AFJ Article.