 Moodys Investors Service, Moodys has assigned a Baa3 backed long-term issuer rating to Avolon Holdings Limited Avolon. The Baa3 long-term senior unsecured ratings of subsidiaries Avolon Holdings Funding Limited and Park Aerospace Holdings Limited are not affected by this new rating assignment. Moodys assignment of a Baa3 backed long-term issuer rating to Avolon reflects Avolons consolidated credit profile, as well as Moodys expectation that, were senior unsecured notes ever issued by Avolon as the holding company of the Avolon group, the notes would be supported by subsidiary guarantees so as to be pari passu with the Baa3-rated senior unsecured notes issued by subsidiaries Avolon Holdings Funding Limited and Park Aerospace Holdings Limited. 