Clay Smith is an aviation financial professional with 25 years of experience as a portfolio manager and a banker/broker. He has successfully led early-stage company financings, corporate bond issuances, restructurings and bankruptcies, and structured credit transactions. In his time as a distressed fund manager, he was directly responsible for structured aviation assets worth over $1 billion. He spent over 10 years in senior asset management roles at AIG, American Express and Deephaven Capital Management. In 2019, Clay became a partner at Split Rock Aviation, an aviation consultancy and financial service provider.
Upgrade to initiate conversation firstUpgrade
The aircraft ABS market saw an incredible revival at the end of 2021, but how healthy are these structures really? Senior notes fared well in the second-largest year for ABS issuances on record, but C notes and tradeable e-notes have seen limited or no take-up. What implications does this have for aircraft ABS investors going forwards?