Thursday, 24 July, 2014

 
Published July 17, 2014
BOC Aviation prices A$50m worth of notes
Nxy BOCAviation business 1707

BOC Aviation, an aircraft leasing company owned by the Bank of China, said on Thursday that it has priced A$50 million worth of 5.5-year fixed rate senior unsecured notes due 2020 at a coupon of 5.375 per cent per annum - PHOTO: AFP 

BOC Aviation, an aircraft leasing company owned by the Bank of China, said on Thursday that it has priced A$50 million worth of 5.5-year fixed rate senior unsecured notes due 2020 at a coupon of 5.375 per cent per annum.

The notes, which will be listed on the Singapore Exchange, are rated BBB- by Standard & Poor's Rating Services, and A- by Fitch Ratings.

These were issued off BOC Aviation's US$5 billion euro medium-term note programme.

The firm had earlier priced A$150 million worth of notes at the same coupon rate.