BOC Aviation gauging demand for US$1.5b IPO
Singapore
BOC Aviation Ltd, Asia's biggest aircraft-leasing company by asset value, began gauging demand on Monday for a Hong Kong initial public offering that could raise as much as US$1.5 billion, people with knowledge of the matter said.
The Singapore-based company, owned by Bank of China Ltd, expects to start taking investor orders in mid-May, according to the people, who asked not to be identified as the information is private. It plans to start trading as soon as the end of May, the people said.
TRENDING NOW
Singtel Q1 gain drops 71% to S$818 million in absence of Airtel stake sale; weaker Singapore business
Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend