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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. PK ALIFT 2024-2 marks the second commercial aircraft loan ABS issuance in 2024, both of which have included AAA-rated tranches rated by both ...


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