MIRA INFORM REPORT

 

 

Report Date :           

22.03.2012

 

IDENTIFICATION DETAILS

 

Name :

AVOLON AEROSPACE LEASING LIMITED

 

 

Registered Office :

The Oval Building 1, Shelbourne Road, Ballsbridge Dublin 4

 

 

Country :

Ireland

 

 

Financials (as on) :

31.12.2010

 

 

Date of Incorporation :

09.02.2010

 

 

Com. Reg. No.:

IE906378

 

 

Legal Form :

Not Available

 

 

Line of Business :

Renting of Air Transport Equipment

 

 

No. of Employees :

21

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Unknown

Litigation :

Clear

NOTES:

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

ECGC Country Risk Classification List – September 30th, 2011

 

Country Name

Previous Rating

                   (30.06.2011)                  

Current Rating

(30.09.2011)

Ireland

a2

a2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

company summary

 

Name

AVOLON AEROSPACE LEASING LIMITED

Number

IE906378

 

 

 

Type

Other

 

Address

THE OVAL BUILDING 1,

SHELBOURNE ROAD,

BALLSBRIDGE DUBLIN 4

Company Status

Insufficient Information

 

Town Code

Incorporated Date

09/02/2010

 

 

 

Exact Active CJ's

0

 

Exact Value of CJ's [a,-]

€0

 

Possible Active CJ's

0

 

 

 

Current Directors

0

 

Total Directorships

0

 

 

Trading to Date

31/12/10

Turnover

€9,546,722

 

Shareholder Funds

€100,867,428

Employees

21

 

 

company information

 

 

Registered Address

 

 

 

NDD

Address

 

THE OVAL BUILDING 1 SHELBOURNE ROAD BALLSBRIDGE DUBLIN 4

 

 

 

Web Address

 

Incorporation Date

09/02/2010

Type of Accounts

Group

Filing Date of Accounts

 

 

Company Type

Other

Date of Latest Accounts

 

Annual Return

 

 

 

 

Industry:

A group engaged in financing of aircraft and engines by way of loan, hire, purchase or other methods of finance and acting as a manager of aircraft on lease. Accounts data converted from US Dollars.

 

 

SIC Code:

71231

SIC Description:

Renting Of Air Transport Equipment

Mortgage Charges

Outstanding       28         Satisfied 0

 

 

Secondary Industry Code Details

 

 

 

SIC Code

Description

71231

Renting Of Air Transport Equipment

 

65210

Financial Leasing

71239

Renting Of Other Air Transport Equipment

 

 

Mortgage Details

 

 

Mortgage Type:

CHARGE OVER SHARES.

Date Charge Created:

09/01/2012

Date Charge Registered:

24/01/2012

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

NORDDEUTSCHE LANDESBANK GIROZENTRALE

 

 

Amount Secured:

A. ANY AND ALL MONEYS AND FINANCIAL LIABILITIES WHICH ARE (OR WHICH ARE EXPRESSED TO BE) AS AT 26 MAY 2011 OR AT ANY TIME THEREAFTER DUE, OWING AND PAYABLE BY ANY OBLIGOR OR ANY OTHER OBLIGOR TO ANY FINANCE PARTY OR ANY OTHER FINANCE PARTY IN ANY CURRENCY, ACTUALLY OR CONTINGENTLY, WITH ANOTHER OR OTHERS, AS PRINCIPAL OR SURETY, ON ANY ACCOUNT WHATSOEVER UNDER ANY TRANSACTION DOCUMENT OR ANY OTHER TRANSACTION DOCUMENT, INCLUDING AS A CONSEQUENCE OF ANY BREACH, NON­PERFORMANCE, DISCLAIMER OR REPUDIATION BY ANY OBLIGOR OR ANY OTHER OBLIGOR (OR BY A LIQUIDATOR, RECEIVER, ADMINISTRATIVE RECEIVER, ADMINISTRATOR OR ANY SIMILAR OFFICER IN RESPECT OF SUCH OBLIGOR OR SUCH OTHER OBLIGOR) (CONTINUED ON FORM 8E)

Details:

 

 

Mortgage Type:

CHARGE OVER SHARES.

Date Charge Created:

12/01/2012                 Date Charge Registered:

23/01/2012

/

Date Charge Satisfied:

Status:

NOT SATISFIED

Person(s) Entitled:

BNP PARIBAS S.A.

 

 

 

Amount Secured:

THE PERFORMANCE AND DISCHARGE OF THE SECURED OBLIGATIONS

Details:

 

 

Mortgage Type:

A LEASE SECURITY ASSIGNMENT NO. 5 [B737-800 PDP].

Date Charge Created:

31/10/2011

Date Charge Registered:

23/12/2011

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

DVB BANK SE

 

 

 

Amount Secured:

THE PROMPT PAYMENT IN FULL WHEN DUE OF THE PRINCIPAL OF, BREAK AMOUNT (IF ANY) ON, INTEREST ON AND ALL OTHER AMOUNTS DUE WITH RESPECT TO (A) ALL LOAN CERTIFICATES FROM TIME TO TIME OUTSTANDING UNDER THE CREDIT AGREEMENT AND THE PERFORMANCE AND OBSERVANCE BY THE BORROWER, GRANTOR, THE PARENT, EACH LESSOR AND EACH LESSOR PARENT OF ALL THE AGREEMENTS, COVENANTS AND PROVISIONS FOR THE BENEFIT OF THE LENDERS IN THE LEASE SECURITY ASSIGNMENT AND IN THE CREDIT AGREEMENT, THE LOAN CERTIFICATES AND THE OTHER OPERATIVE DOCUMENTS, AND THE PROMPT PAYMENT OF ANY AND ALL AMOUNTS FROM TIME TO TIME OWING UNDER THE LEASE SECURITY ASSIGNMENT AND UNDER THE CREDIT AGREEMENT AND UNDER THE OTHER OPERATIVE DOCUMENTS TO THE SECURITY AGENT AND THE LENDERS, (CONTINUED ON FORM

8E)

Details:

 

 

Mortgage Type:

CHARGE OVER SHARES IN AVOLON AEROSPACE UK 3 LIMITED.

Date Charge Created:

12/12/2011

Date Charge Registered:

22/12/2011

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST, NATIONAL ASSOCIATION

 

 

(I) (A) THE PAYMENT OF THE PRINCIPAL OF, BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY, AND

 

Amount Secured:

INTEREST ON, AND ALL OTHER AMOUNTS DUE WITH RESPECT TO, ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT, AND TO SECURE THE PERFORMANCE AND OBSERVANCE BY THE BORROWER, EACH MORTGAGOR, THE SERVICER AND EACH INTERMEDIATE LESSOR OF ALL THEIR RESPECTIVE COVENANTS AND PROVISIONS CONTAINED IN THE SHARE CHARGE AND IN THE CREDIT AGREEMENT, THE GUARANTY, THE NOTES, THE SECURITY DOCUMENTS AND, THE OTHER BASIC DOCUMENT AND (B) THE PAYMENT BY THE BORROWER OF ALL AMOUNTS OWING BY THE BORROWER UNDER THE CREDIT AGREEMENT AND THE NOTES AND (C) THE PAYMENT OF ALL AMOUNTS OWING BY THE SERVICER UNDER THE GUARANTY AND (II) THE RELATED OBLIGATIONS (THE "SECURED OBLIGATIONS")

Details:

 

Mortgage Type:

CHARGE OVER SHARES IN AVOLON AEROSPACE AOE 29 LIMITED.

Date Charge Created:

26/11/2011

Date Charge Registered: 12/12/2011

Date Charge Satisfied:

 

Status:                                       NOT SATISFIED

Person(s) Entitled:

NORDDEUTSCHE LANDESBANK GIROZENTRALE

Amount Secured:

(A) ANY AND ALL MONEYS AND FINANCIAL LIABILITIES WHICH ARE (OR WHICH ARE EXPRESSED TO BE) ON 26 NOVEMBER 2011 OR AT ANY TIME THEREAFTER DUE, OWING OR PAYABLE BY ANY OBLIGOR TO ANY FINANCE PARTY IN ANY CURRENCY, ACTUALLY OR CONTINGENTLY, WITH ANOTHER OR OTHERS, AS PRINCIPAL OR SURETY, ON ANY ACCOUNT WHATSOEVER UNDER ANY TRANSACTION DOCUMENT, INCLUDING AS A CONSEQUENCE OF ANY BREACH, NON-PERFORMANCE, DISCLAIMER OR REPUDIATION BY ANY OBLIGOR (OR BY A LIQUIDATOR, RECEIVER, ADMINISTRATIVE RECEIVER, ADMINISTRATOR OR ANY SIMILAR OFFICER IN RESPECT OF SUCH OBLIGOR) OF ANY OF SUCH OBLIGOR'S OBLIGATIONS UNDER ANY TRANSACTION DOCUMENT, (CONTINUED ON FORM 8E)

Details:

 

Mortgage Type:

SHARE CHARGE.

Date Charge Created:

26/11/2011

Date Charge Registered: 12/12/2011

Date Charge Satisfied:

 

Status:                                       NOT SATISFIED

Person(s) Entitled:

NORDDEUTSCHE LANDESBANK GIROZENTRALE

Amount Secured:

(A) ANY AND ALL MONEYS AND FINANCIAL LIABILITIES WHICH ARE (OR WHICH ARE EXPRESSED TO BE) ON 26 NOVEMBER 2011 OR AT ANY TIME THEREAFTER DUE, OWING OR PAYABLE BY ANY OBLIGOR TO ANY FINANCE PARTY IN ANY CURRENCY, ACTUALLY OR CONTINGENTLY, WITH ANOTHER OR OTHERS, AS PRINCIPAL OR SURETY, ON ANY ACCOUNT WHATSOEVER UNDER ANY TRANSACTION DOCUMENT, INCLUDING AS A CONSEQUENCE OF ANY BREACH, NON-PERFORMANCE, DISCLAIMER OR REPUDIATION BY ANY OBLIGOR (OR BY A LIQUIDATOR, RECEIVER, ADMINISTRATIVE RECEIVER, ADMINISTRATOR OR ANY SIMILAR OFFICER IN RESPECT OF SUCH OBLIGOR)

(CONTINUED ON FORM 8E)

Details:

 

Mortgage Type:

CHARGE OVER SHARES.

Date Charge Created:

14/11/2011                  Date Charge Registered: 01/12/2011

Date Charge Satisfied:

Status:                                           NOT SATISFIED

Person(s) Entitled:

KFW IPEX-BANK GMBH

 

Amount Secured:

THE FULL PAYMENT, PERFORMANCE AND DISCHARGE OF THE SECURED OBLIGATIONS.

Details:

Mortgage Type:

CHARGE OVER SHARES.

Date Charge Created:

29/09/2011                  Date Charge Registered: 17/10/2011

Date Charge Satisfied:

Status:                                           NOT SATISFIED

Person(s) Entitled:

COMMONWEALTH BANK OF AUSTRALIA

Amount Secured:

THE PERFORMANCE AND DISCHARGE OF THE SECURED OBLIGATIONS.

Details:

Mortgage Type:

BFE SECURITY ASSIGNMENT.

Date Charge Created:

23/09/2011             Date Charge Registered: 12/10/2011

 

Date Charge Satisfied:

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST, NATIONAL ASSOCIATION

 

Amount Secured:

THE SECURED OBLIGATIONS.

Details:

 

 

 

Mortgage Type:

CHARGE OVER SHARES.

Date Charge Created:

26/09/2011

Date Charge Registered:

10/10/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

NORDDEUTSCHE LANDESBANK GIROZENTRALE

 

 

 

(A) ANY AND ALL MONEYS AND FINANCIAL LIABILITIES WHICH ARE (OR WHICH ARE EXPRESSED TO BE) ON 26

 

SEPTEMBER 2011 OR AT ANY TIME THEREAFTER DUE, OWING OR PAYABLE BY ANY OBLIGOR TO ANY FINANCE

 

PARTY IN ANY CURRENCY, ACTUALLY OR CONTINGENTLY, WITH ANOTHER OR OTHERS, AS PRINCIPAL OR SURETY,

Amount Secured:

ON ANY ACCOUNT WHATSOEVER UNDER ANY TRANSACTION DOCUMENT, INCLUDING AS A CONSEQUENCE OF ANY BREACH, NON-PERFORMANCE, DISCLAIMER OR REPUDIATION BY ANY OBLIGOR (OR BY A LIQUIDATOR, RECEIVER, ADMINISTRATIVE RECEIVER, ADMINISTRATOR OR ANY SIMILAR OFFICER IN RESPECT OF SUCH OBLIGOR) OF ANY OF SUCH OBLIGOR'S OBLIGATIONS UNDER ANY TRANSACTION DOCUMENT, (CONTINUED ON FORM 8E)

Details:

 

Mortgage Type:

PLEDEGE AND SECURITY AGREEMENT.

Date Charge Created:

08/09/2011

Date Charge Registered:

20/09/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST, NATIONAL ASSOCIATION

 

 

 

(A) THE OBLIGATIONS, (B) ALL OBLIGATIONS OF THE PLEDGOR TO THE SECURED PARTIES OR ANY OF THEM UNDER

 

THE AGREEMENT AND (C) IN THE CASE OF EACH OF THE FOREGOING, INCLUDING ALL INTEREST THEREON AND

Amount Secured:

EXPENSES RELATED THERETO, INCLUDING ANY INTEREST OR EXPENSES ACCRUING OR ARISING AFTER THE COMMENCEMENT OF ANY CASE WITH RESPECT TO THE BORROWER UNDER THE UNITED STATES BANKRUPTCY CODE OR ANY OTHER BANKRUPTCY OR INSOLVENCY LAW (WHETHER OR NOT SUCH INTEREST OR EXPENSES ARE ALLOWED OR ALLOWABLE AS A CLAIM IN WHOLE OR IN PART IN SUCH CASE) (THE "SECURED OBLIGATIONS")

Details:

 

Mortgage Type:

CHARGE OVER SHARES.

Date Charge Created:

24/08/2011

Date Charge Registered:

 

09/09/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

BNP PARIBAS S.A.

 

 

 

Amount Secured:

THE PAYMENT, PERFORMANCE AND DISCHARGE OF THE SECURED OBLIGATIONS.

Details:

 

 

Mortgage Type:

CHARGE OVER SHARES.

Date Charge Created:

21/07/2011

Date Charge Registered:

 

29/07/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

BNP PARIBAS S.A.

 

 

 

Amount Secured:

THE PAYMENT, PERFORMANCE AND DISCHARGE OF THE SECURED OBLIGATIONS.

 

 

Mortgage Type:

SHARE CHARGE.

Date Charge Created:

03/06/2011

Date Charge Registered:

20/06/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

NORDDEUTSCHE LANDESBANK GIROZENTRALE ( THE "SECURITY TRUSTEE")

 

Amount Secured:

HR ANY AND ALL MONEYS AND FINANCIAL LIABILITIES WHICH ARE (OR WHICH ARE EXPRESSED TO BE) AT THE DATE OF THE SHARE CHARGE OR AT ANY TIME THEREAFTER DUE OWING OR PAYABLE BY ANY OBLIGOR OR ANY OTHER OBLIGOR TO ANY FINANCE PARTY IN ANY CURRENCY, ACTUALLY OR CONTINGENTLY, WITH ANOTHER OR OTHERS, AS PRINCIPAL OR SURETY, ON ANY ACCOUNT WHATSOEVER UNDER ANY TRANSACTION DOCUMENT OR ANY OTHER TRANSACTION DOCUMENT, INCLUDING AS A CONSEQUENCE OF ANY BREACH, NON-PERFORMANCE, DISCLAIMER OR REPUDIATION BY ANY OBLIGOR OR ANY OTHER OBLIGOR (OR BY A LIQUIDATOR, RECEIVER, ADMINISTRATIVE, RECEIVER, ADMINISTRATOR OR ANY SIMILAR OFFICER

Details:

 

Mortgage Type:

SHARE CHARGE.

Date Charge Created:

26/05/2011

Date Charge Registered:

15/06/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

NORDDEUTSCHE LANDESBANK GIROZENTRALE

 

Amount Secured:

(A) ANY AND ALL MONEYS AND FINANCIAL LIABILITIES WHICH ARE (OR WHICH ARE EXPRESSED TO BE) AT THE DATE OF THE SHARE CHARGE OR AT ANY TIME THEREAFTER DUE, OWING OR PAYABLE BY ANY OBLIGOR OR ANY OTHER OBLIGOR TO ANY FINANCE PARTY OR ANY OTHER FINANCE PARTY IN ANY CURRENCY, ACTUALLY OR CONTINGENTLY, WITH ANOTHER OR OTHERS, AS PRINCIPAL OR SURETY, ON ANY ACCOUNT WHATSOEVER UNDER ANY TRANSACTION DOCUMENT OR ANY OTHER TRANSACTION DOCUMENT, INCLUDING AS A CONSEQUENCE OF ANY BREACH, NON-PERFORMANCE, DISCLAIMER OR REPUDIATION BY ANY OBLIGOR OR ANY OTHER OBLIGOR (OR BY A LIQUIDATOR, RECEIVER, ADMINISTRATIVE RECEIVER, ADMINISTRATOR OR ANY SIMILAR OFFICER

Details:

 

Mortgage Type:

A GECAS PURCHASE AGREEMENT ASSIGNMENT DATED 22 APRIL 2011.

Date Charge Created:

22/04/2011

Date Charge Registered:

13/05/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY(THE "SECURITY TRUSTEE")

 

Amount Secured:

TO SECURE THE FOLLOWING: (A) THE PAMENT OF THE PRINCIPAL OF, BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY AND INTEREST ON, AND ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT, AND TO SECURE THE PERFORMANCE AND OBSERVANCE BY AVOLON AEROSPACE

Details:

 

Mortgage Type:

CHARGE OVER SHARES.

Date Charge Created:

25/03/2011                  Date Charge Registered:

15/04/2011

Date Charge Satisfied:

Status:

NOT SATISFIED

Person(s) Entitled:

NORDDEUTSCHE LANDESBANK GIROZENTRALE

 

Amount Secured:

THE FULL PAYMENT, PERFORMANCE AND DISCHARGE OF THE SECURED OBLIGATIONS.

Details:

 

Mortgage Type:

PURCHASE AGREEMENT.

Date Charge Created:

28/01/2011

Date Charge Registered:

18/02/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

Amount Secured:

(A) THE PAYMENT OF THE PRINCIPAL OF, BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY, AND INTEREST ON, AND ALL OTHER AMOUNTS DUE WITH RESPECT TO ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT (CONTINUED ON FORM 8E)

Details:

 

Mortgage Type:

PURCHASE AGREEMENT ASSIGNMENT.

Date Charge Created:

23/12/2010

Date Charge Registered:

11/01/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

Amount Secured:

(1) (A) THE PAYMENT OF THE PRINCIPAL OF BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY, AND INTEREST ON, AND ALL OTHER AMOUNTS DUE WITH RESPECT TO, ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT (CONTD ON FORM 8E)

Details:

 

Mortgage Type:

PURCHASE AGREEMENT ASSIGNMENT.

Date Charge Created:

21/12/2010

Date Charge Registered:

11/01/2011

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

Amount Secured:

(A) THE PAYMENT OF THE PRINCIPAL OF BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY, AND INTEREST ON, AND ALL OTHER AMOUNTS DUE WITH RESPECT TO, ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT AND TO SECURE THE PERFORMANCE AND OBSERVANCE BY THE BORROWER THE COMPANY AND EACH MORTGAGOR OF ALL THEIR RESPECTIVE COVENANTS AND PROVISIONS CONTAINED IN THE SECURITY AGREEMENT (CONTINUED ON FORM 8E)

Details:

 

Mortgage Type:

PURCHASE AGREEMENT ASSIGNMENT.

Date Charge Created:

16/07/2010

Date Charge Registered:

28/07/2010

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

Amount Secured:

A) THE PAYMENT OF THE PRINCIPAL OF BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, OF ANY, AND INTEREST ON, AND ALL OTHER AMOUNTS DUE WITH RESPECT TO, ALL LOANS FROM TIME TO TIME OUTSTANDING

(CONTINUED ON FORM 8E)

Details:

 

Mortgage Type:

SHARE CHARGE.

Date Charge Created:

30/06/2010

Date Charge Registered:

09/07/2010

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

NORDDEUTSCHE LANDESBANK GIROZENTRALE

 

Amount Secured:

(A) ANY AND ALL MONEYS AND FINANCIAL LIABILITIES WHICH ARE (OR WHICH ARE EXPRESSED TO BE) NOW, OR AT ANY TIME HEREAFTER DUE, OWING OR PAYABLE BY ANY OBLIGOR TO ANY FINANCE PARTY (CONTINUED ON

FORM 8E

Details:

 

Mortgage Type:

PURCHASE AGREEMENT ASSIGNMENT.

Date Charge Created:

01/07/2010

Date Charge Registered:

09/07/2010

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

Amount Secured:

THE PRINCIPAL OF BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY, AND INTEREST ON, AND ALL OTHER AMOUNTS DUE, WITHRESPECT TO, ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT (CONTINUED ON FORM 8E)

Details:

 

Mortgage Type:

DEPOSIT AGREEMENT.

 

 

Date Charge Created:

28/05/2010                 Date Charge Registered:

10/06/2010

 

 

Mortgage Type:

SHARE CHARGE.

Date Charge Created:

20/05/2010

Date Charge Registered:

09/06/2010

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

Amount Secured:

ANY AND ALL MONEYS, LIABILITIES AND OBLIGATIONS (WHETHER ACTUAL OR CONTINGENT, WHETHER NOW EXISTING OR HEREAFTER ARISING, WHETHER OR NOT FOR THE PAYMENT OF MONEY AND INCLUDING, WITHOUT LIMITATION, ANY OBLIGATION OR LIABILITY TO PAY DAMAGES) FROM TIME TO TIME OWING AND/OR PAYABLE TO THE SECURITY TRUSTEE BY THE COMPANY PURSUANT TO THE CREDIT AGREEMENT

Details:

 

Mortgage Type:

PURCHASE AGREEMENT ASSIGNMENT.

Date Charge Created:

04/06/2010

Date Charge Registered:

09/06/2010

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

Amount Secured:

THE PRINCIPAL OF BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY, AND INTEREST ON, AND ALL OTHER AMOUNTS DUE WITH RESPECT TO, ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT, AND TO SECURE THE PERFORMANCE AND OBSERVANCE BY THE COMPANY, AVIATION AERPSPACE (FUNDING 1) LIMITED (CONTINUED ON FORM 8E)

Details:

 

Mortgage Type:

PURCHASE AGREEMENT ASSIGNMENT.

Date Charge Created:

07/06/2010

Date Charge Registered:

09/06/2010

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

Amount Secured:

THE PRINCIPAL OF BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY, AND INTEREST ON, AND ALL OTHER AMOUNTS DUE WITH RESPECT TO, ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT, AND TO SECURE THE PERFORMANCE AND OBSERVANCE BY THE COMPANY, AVIATION AERPSPACE (FUNDING 1) LIMITED (CONTINUED ON FORM 8E)

Details:

 

Date Charge Satisfied:                         status

Person(s) Entitled:                                The  governor & Company of the bank of Ireland

Amount Secured:                                 ALL SUMS                   

Details:

 

 

Mortgage Type:

SHARE CHARGE.

Date Charge Created:

20/05/2010

Date Charge Registered:

09/06/2010

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

 

Amount Secured:

ANY AND ALL MONEYS, LIABILITIES AND OBLIGATIONS (WHETHER ACTUAL OR CONTINGENT, WHETHER NOW EXISTING OR HEREAFTER ARISING, WHETHER OR NOT FOR THE PAYMENT OF MONEY AND INCLUDING, WITHOUT LIMITATION, ANY OBLIGATION OR LIABILITY TO PAY DAMAGES) FROM TIME TO TIME OWING AND/OR PAYABLE TO THE SECURITY TRUSTEE BY THE COMPANY PURSUANT TO THE CREDIT AGREEMENT

Details:

 

 

Mortgage Type:

PURCHASE AGREEMENT ASSIGNMENT.

Date Charge Created:

04/06/2010

Date Charge Registered:

09/06/2010

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

 

Amount Secured:

THE PRINCIPAL OF BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY, AND INTEREST ON, AND ALL OTHER AMOUNTS DUE WITH RESPECT TO, ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT, AND TO SECURE THE PERFORMANCE AND OBSERVANCE BY THE COMPANY, AVIATION AERPSPACE (FUNDING 1) LIMITED (CONTINUED ON FORM 8E)

Details:

 

 

Mortgage Type:

PURCHASE AGREEMENT ASSIGNMENT.

Date Charge Created:

07/06/2010

Date Charge Registered:

09/06/2010

 

Date Charge Satisfied:

 

Status:

NOT SATISFIED

Person(s) Entitled:

WILMINGTON TRUST COMPANY

 

 

Amount Secured:

THE PRINCIPAL OF BREAKAGE LOSS, IF ANY, THE PREPAYMENT FEE, IF ANY, AND INTEREST ON, AND ALL OTHER AMOUNTS DUE WITH RESPECT TO, ALL LOANS FROM TIME TO TIME OUTSTANDING ACCORDING TO THEIR TENOR AND EFFECT, AND TO SECURE THE PERFORMANCE AND OBSERVANCE BY THE COMPANY, AVIATION AERPSPACE (FUNDING 1) LIMITED (CONTINUED ON FORM 8E)

Details:

 

The documents below have been received by CRO but are currently unavailable to view. Document Description

Status

CRO Registered Date

 

F8 Chg. On Co(S) Inc.Outside The State With A Plac

Received

12/03/2012

F8 Chg. On Co(S) Inc.Outside The State With A Plac

Received

09/03/2012

F8 Chg. On Co(S) Inc.Outside The State With A Plac

Received

29/02/2012

 

 

accounts

 

Profit & loss a/c

 

 

Annual Accounts

02/10-12/10

 

Months

 

 

 

11

 

 

Currency

EUR

 

Consolidated A/cs

 

Y

 

Turnover

9,546,722

 

Export

 

 

 

-

 

 

Cost of Sales

-

 

Gross Profit

 

-

 

 

Wages & Salaries

-

 

Directors Emoluments

 

-

 

Operating Profits

-13,807,335

 

Depreciation

 

3,471,662

 

 

Audit Fees

-

 

Interest Payments

 

15,172,345

 

Pre Tax Profit

-27,518,659

 

Taxation

 

 

 

3,057,706

 

Profit After Tax

-24,460,953

 

Dividends Payable

 

-

 

Retained Profits

-24,460,953

 

balance sheet

Annual Accounts

02/10-12/10

Tangible Assets

 

405,795,518

Intangible Assets

-

Total Fixed Assets

 

405,795,518

Total Current Assets

58,197,296

Trade Debtors

 

412,564

Stocks & WIP

-

Cash

 

54,480,044

Other Debtors

1,120,115

Increase In Cash

 

54,480,044

Miscellaneous Current Assets

2,184,573

Total Assets

 

463,992,815

Total Current Liabilities

29,522,344

Trade Creditors

 

168,365

Bank Loans & Overdrafts

22,430,135

Other Short Term Fin

 

1,391,448

Miscellaneous Current Liabilities

5,532,396

Other Long Term Fin

 

-

Total Long Term Liabilities

333,603,042

Bank Loans & Overdrafts &

LTL

 

356,033,178

Total Liabilities

363,125,386

Net Assets

 

100,867,428

Working Capital

28,674,952

 

 

 

 

 

Capitals & reserves

 

 

Annual Accounts

02/10-12/10

 

 

Called up Share Capital

-

 

 

P&L Account Reserve

-24,460,953

 

                        *

Sundry Reserves

125,328,382

 

 

Revaluation Reserve

-

 

 

Shareholder Funds

100,867,428

 

 

Net Worth

100,867,428

Miscellaneous

 

 

 

 

 

Annual Accounts

02/10-12/10

 

 

Net Cashflow from Operations

-20,379,142

 

 

Net Cashflow before Financing

-424,852,089

 

 

Net Cashflow from Financing

463,317,267

 

 

Contingent Liability

YES

 

 

Capital Employed

434,470,471

 

 

No of Employees

21

 

Auditors

 

KPMG

 

 

AuditQualification

No Adverse Comments

 

Bankers

 

BANK OF IRELAND

 

 

BankBranchCode

90-09-73

 

ratios

 

 

 

 

 

Annual Accounts

02/10-12/10

 

 

Pre-tax profit margin %

-288.3 %

 

 

Current ratio

1.97

 

 

Sales/Net Working Capital

0.33

 

 

Gearing %

353.0 %

 

 

Equity in %

21.7 %

 

 

Creditor Days

5.80

 

 

Debtor Days

14.21

 

 

Liquidity/Acid Test

1.97

 

 

Return On Capital Employed %

-6.3 %

 

 

Return On Total Assets Employed %

-5.9 %

 

 

Current Debt Ratio %

0.3 %

 

 

Total Debt Ratio %

3.6 %

 

 

Stock Turnover Ratio %

-

 

 

Return on Net Assets Employed %

-27.3 %

 

 

ccj's

 

 

Exact Active CJ's

0

 

Exact Value of CJ's [a,-]

 

€0

 

 

 

Possible Active CJ's

0

 

 

Unregistered

 

CJ's

 

Year

Exact CJ's

 

Possible CJ's

 

 

EXACT CJ DETAILS

Date Court

Amount

Status

Case Number

Date Paid

 

 

POSSIBLE CJ DETAILS

 

Possible CCJ matches show CCJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and

does not affect a companya€™s rating.

 

Date       Court        Amount     Status  Case Number   Date Paid         Incoming Record Details

Registered

 

CJ's

 

 

Year

Exact CJ's

Possible CJ's

 

EXACT CJ DETAILS

Date Court

Amount

Status

Case Number

Date Paid

 

 

 

POSSIBLE CJ DETAILS

Possible CCJ matches show CCJs that may be matched to a company based on various criteria such as similar trading names or addresses. This data is provided for your information only as an aid to decision-making and does not affect a companya€™s rating.

 

Date       Court        Amount     Status  Case Number   Date Paid         Incoming Record Details

 

 

GROUP SYRTUCTURE

 

Summary

 

Group - Number of companies:

0

Linkages - Number of companies:

0

Number of Countries:

0

 

 

 

No group structure available for this company

 

 

Business Name

Business No.

Business Status

AVOLON AEROSPACE LEASING LIMITED

There are no other businesses related to this business.

IE906378

N/A

 

 

Event History

 

Date

Description

25/08/2011

New Accounts Filed

 

 

The documents below have been received by CRO but are currently unavailable to view. Document Description

Status

CRO Registered Date

F8 Chg. On Co(S) Inc.Outside The State With A Plac

Received

12/03/2012

F8 Chg. On Co(S) Inc.Outside The State With A Plac

Received

09/03/2012

F8 Chg. On Co(S) Inc.Outside The State With A Plac

Received

29/02/2012

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.50.59

UK Pound

1

Rs.80.34

Euro

1

Rs.67.14

 

 

RATING EXPLANATIONS

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

----

NB

New Business

----

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors and their relative weights (as indicated through %) are as follows:

 

Financial condition (40%)            Ownership background (20%)                 Payment record (10%)

Credit history (10%)                    Market trend (10%)                                Operational size (10%)

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.