Presale: ACG Trust III

Publication date: Primary Credit Analyst: Secondary Credit Analysts: 19-Dec-2005 Anthony Nocera, New York (1) 212-438-1568; Ted Burbage, New York (1) 212-438-2684; Philip Baggaley, CFA, New York (1) 212-438-7683; Michael K Vernier, Esq., New York (1) 212-438-6629;

$1.86 Billion Floating-Rate And Deferrable Interest Notes Series 2005-1

This presale report is based on information as of Dec. 19, 2005. The ratings shown are preliminary. This report does not constitute a recommendation to buy, hold, or sell securities. Subsequent information may result in the assignment of final ratings that differ from the preliminary ratings.



Expected closing date: Dec. 29, 2005.

Collateral: Shares in entities that directly and indirectly receive lease and residual cash flows associated with a portfolio of aircraft.

Underwriters: UBS Investment Bank and Deutsche Bank.

Seller and remarketing and administrative agent: Aviation Capital Group Corp.

Statutory trustee: Wells Fargo Delaware Trust Co.

Monitoring agent: Aircraft Monitoring Services LLC.

Servicing agent and cash manager: Pacific Life Insurance Co. (AA/Stable/A-1+). ...

Get Introduction to Structured Finance now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.