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AWAS secures financing deals

Dublin-based lessor AWAS announced it has secured two financing deals over the past week. The company secured a USD500 million non-recourse warehouse facility to aid in its planned expansion and growth and also re-priced its May-2010 USD530 million Term Loan Facility to more favourable terms.

Aircraft leasing stocks showed only minor movement, with the exception of Air Partner which closed 3.2% lower.

Selected lessors daily share price movements (% change): 13-Jun-2011