Pk airfinance issues $633 million aviation loan abs

New york, oct. 02, 2024 (globe newswire) -- pk airfinance (“pk”), a leading aviation lending platform and affiliate of apollo (nyse: apo), has closed its second aircraft loan asset-backed securitization issued in 2024: pk alift loan funding 4 series 2024-2 (“pkair 2024-2”). pkair 2024-2 issued over $633 million of debt that will be used to acquire the rights to the economics of a portfolio of aviation loans via the acquisition of a 100% series limited partnership interest in a pk-managed origination vehicle.
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