(Hong Kong, 31 March 2025) - China Aircraft Leasing Group Holdings Limited ("CALC" or the "Company", together with its subsidiaries, the "Group"; SEHK stock code: 01848), a full value chain aircraft solutions provider for the global aviation industry, is pleased to announce the successful upsizing of its inaugural warehouse facility to US$700 million, with participation from 20 leading banks worldwide. This milestone marks one of the largest aviation finance syndications in the past decades, underscoring CALC’s strong financial position and the market’s confidence in its long-term growth strategy.
The expanded facility was substantially oversubscribed, with total commitments more than doubling the targeted accordion amount. The syndicate comprises a diverse group of 16 banks across China, Europe, and other Asian markets, bringing the total number of lenders to 20. Notably, over 20% of the funding came from new lenders to the Company, further enhancing the diversification of its banking relationships.
“The successful upsizing of our warehouse facility reflects the global financial community’s strong confidence in CALC’s business model and long-term growth strategy,” said Mr. Conrad Li, Executive Director, Chief Financial Officer and Chief Strategy Officer of CALC. “We appreciate the broad base of support from the leading banks that participated in the syndication - which recognizes CALC’s solid financial position and continued growth internationally. This facility enhances CALC’s financing flexibility, enabling us to support fleet expansion and drive sustainable growth efficiently.”
BNP Paribas, Crédit Agricole CIB, MUFG Bank, and Natixis CIB acted as Mandated Lead Arrangers and Bookrunners. Airbus Bank, KGI Bank, Ping An Bank, and Shanghai Pudong Development Bank served as Mandated Lead Arrangers. China Minsheng Bank and E.Sun Commercial Bank were Lead Arrangers, while an additional 10 banks - Bank SinoPac, Cathay United Bank, CTBC Bank, Dah Sing Bank, Hua Xia Bank, Mizuho Marubeni Leasing America Corporation, Nanyang Commercial Bank, Sumitomo Mitsui Trust Bank, Tai Fung Bank, and Taipei Fubon Commercial Bank - participated as Arrangers.
A subsequent drawdown from the facility was completed in March 2025 to fund the delivery of CALC’s first Airbus A321neo to United Airlines, marking the first of 12 A321neos to be delivered from CALC’s existing orderbook.
