Kroll Bond Rating Agency Europe assigned ratings to the Series A notes and Series B notes issued by SLAM 2021-1 LIMITED and SLAM 2021-1 LLC, an aviation ABS transaction. SKY Aero Management Limited and SKY Leasing are servicing the transaction.

Proceeds from the notes will be used to acquire 16 aircraft (the portfolio) on lease to six lessees located in four jurisdictions. As of April 30, 2021, the portfolio had a remaining lease term of approximately 11.1 years and a weighted average age of 1.6 years. The portfolio has an initial value of approximately $884.2 million, based on the average of the half-life base values provided by three third-party appraisers as of February 2021, which were adjusted for maintenance conditions as of April 2021 by the maintenance provider.