CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), announced the closing of a US$525 million unsecured credit facility, which marks the company’s first such syndicated transaction.
The five-year facility, which will be used for general corporate purposes, was led by Bank of China (Hong Kong) Limited, Crédit Agricole Corporate and Investment Bank, Goldman Sachs (Asia) L.L.C., Mizuho Bank, Ltd., and Société Générale Corporate and Investment Banking as Mandated Lead Arrangers and Bookrunners. Crédit Agricole Corporate and Investment Bank acted as the facility Agent.
