BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce that it has closed a self-arranged club loan transaction with 25 banks globally totalling US$2.3 billion. The five-year transaction is the largest the Company has signed to date, exceeding the US$1.375 billion club loan that the Company signed in October 2023. The transaction comprises four facilities provided by banks globally to BOC Aviation and BOC Aviation (Ireland). 

DBS Bank Ltd. acted as the Global Coordinator and Documentation Agent with The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, acting as Facility Agent for all four facilities. The proceeds will be used for general working capital purposes, capital expenditure and refinancing of existing debts.

“We are grateful to have a strong panel of banking partners, which has supported our largest club loan transaction. The transaction, which closed at highly competitive pricing levels, provides us with additional resources as we expand our modern aircraft portfolio,” said Wu Jianguang, Chief Financial Officer, BOC Aviation.

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