Bank of China taps banks for world's biggest aircraft leasing IPO
Singapore-based BOC Aviation is Asia's second-biggest lessor with a portfolio of about 250 planes valued at US$9.4 billion
Singapore
BANK of China has hired Goldman Sachs and BOC International as joint sponsors for a US$3 billion Hong Kong listing of its aircraft leasing arm, people with knowledge of the matter said.
Bank of China plans to launch the IPO of Singapore-based BOC Aviation in the second quarter of this year, the people said, in what is set to be the world's biggest listing by an aircraft lessor.
TRENDING NOW
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
AI-linked layoffs in US spark new wave of one-person start-ups
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
Can ST Engineering aspire to challenge DBS to be king of the local bourse?