Aircraft Fleet Investment Overview
Summary of the Certificates Offering
KEEP CLIMBING
▲ DELTA
Aggregate Face Amount
Expected Ratings (Moody's / Fitch)
Initial LTV/ Max LTV
(1)
Expected Principal Distribution (in years from Issuance Date)
Regular Distribution Dates
Final Expected Distribution Date
Final Legal Distribution Date
Liquidity Facility Coverage
Interest Rate
Minimum Denomination
Class AA
$425,000,000
Aa3 / A+
49.0% / 56.8%
5.1
Class A
$75,000,000
A3 / A-
57.6% / 66.9%
5.1
April 25 and October 25
April 25 and October 25
April 25, 2024
October 25, 2025
3 semiannual interest payments
Fixed rates, semiannual payments,
30/360 day count
$2,000 and integral multiples
of $1,000 in excess thereof
April 25, 2024
October 25, 2025
3 semiannual interest payments
Fixed rates, semiannual payments,
30/360 day count
$2,000 and integral multiples
of $1,000 in excess thereof
(1) Initial LTV for each of Class AA and Class A calculated as of March 13, 2019, which is assumed to be the Closing Date. Max LTV is calculated as of October 25, 2023,
which is assumed to be the last regular distribution date preceding the Final Expected Distribution Date.
(2) The Final Legal Distribution Date for each class of Certificates is 18 months after the Final Expected Distribution Date for the relevant Certificates, which represents the
period corresponding to the applicable Liquidity Facility coverage on such Certificates of three successive semiannual interest payments.
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