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CALC issues USD500 million guaranteed bonds

Hong Kong, China - Boosting working capital in support of its globalisation strategy

China Aircraft Leasing Group Holdings Limited (CALC), one of the largest independent operating aircraft lessors in China, issued 5-year USD 300 million and 7-year USD 200 million unrated and unsecured bonds, which bear an interest rate of 4.7% and 5.5% respectively. The bonds are guaranteed by the Company. The net proceeds of the bonds issue will amount to approximately USD 496.2 million, to be used...

fra/pec - 1202583

AVIONEWS - World Aeronautical Press Agency