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Boeing, Oman fund among investors in BOC Aviation's US$1.1b IPO

Published Mon, May 16, 2016 · 09:50 PM

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Singapore

BOC Aviation Ltd, the aircraft leasing unit of Bank of China Ltd, attracted investors including Boeing Co and China's sovereign wealth fund to buy shares in its US$1.1 billion initial public offering in Hong Kong.

China Investment Corp and the Silk Road Fund agreed to each invest US$100 million in the offering, while Oman Investment Fund will buy US$50 million of stock, according to terms for the deal obtained by Bloomberg. Boeing, the world's biggest planemaker, committed US$30 million, and Chinese billionaire Guo Guangchang's Fosun International Ltd will purchase US$35 million of shares, the terms show.

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