Avolon, the international aircraft leasing company, has released that ORIX Corporation (ORIX), through its wholly owned subsidiary ORIX Aviation Systems, has completed the acquisition of a 30% stake in Avolon from Bohai Capital for US$2.2 billion, based on a March, 31, 2018 NAV.
The addition of ORIX, an investment grade institution, diversifies and strengthens the financial profile of Avolon's shareholder base and facilitates positive credit rating momentum. Additionally, the new governance structure enhances protections for minority shareholder and debt investors.
