BOC Aviation has signed a US$750 million unsecured syndicated loan facility with a tenor of five years.
Following a strong response from lenders after its launch into general syndication, the Facility was increased to a final size of US$750 million from an initial launch amount of US$500 million. The Facility is BOC Aviation’s largest single tranche unsecured term loan financing transaction. The borrower under the Facility is BOC Aviation (Ireland) Limited and the Facility is guaranteed by BOC Aviation.
Agricultural Bank of China Limited, Singapore Branch, BNP Paribas, Citigroup Global Markets Singapore Pte. Ltd. DBS Bank Ltd., Development Bank of Japan Inc., The Hongkong and Shanghai Banking Corporation Limited, MUFG Bank, Ltd, Oversea-Chinese Banking Corporation Limited, United Overseas Bank Limited and Westpac Banking Corporation are the Original Mandated Lead Arrangers and Bookrunners (the “OMLABs”) for the Facility. Participating in the Facility are 19 financial institutions, including the OMLABs.
