M
NU
Press Release

01

Aug

2016

CALC Enters into Rental Realisation Transaction for 3 Aircraft Structured Products Cater to Different Investment Needs

Hong Kong – 1 August 2016 - China Aircraft Leasing Group Holdings Limited (“CALC” or the “Group”, stock code: 01848.HK), the largest independent aircraft operating lessor in China, is pleased to announce that it has entered into a rental realisation transaction for 3 aircraft. The transaction was structured into senior and junior tranches, a first-of-its-kind arrangement in China, to fit different appetites and strategies of investors. It again demonstrates CALC’s continued innovation on its rental realisation products which advances the aviation finance sector of the nation, while further cementing its already-diversified financing channels.

 

Ms. Winnie Liu, Deputy CEO and Chief Commercial Officer and of CALC, said, “As the pioneer in the China aircraft financing industry, CALC first ingeniously designed the aircraft capital securitisation products to meet the demand of Chinese investors in 2013. We are pleased to see that the market has shown growing knowledge and confidence in the aircraft leasing industry, leading to a consistent increase in demand for investments in the USD-denominated aircraft finance products. Taken into consideration different risk appetites and return expectations of investors, we have structured the deal into two tranches. The new structure also keeps the all-in-costs at a lower level for CALC.”

 

CALC has been committed to utilise diversified financing channels in the capital market in order to support rapid business growth. Together with its strength in transferring risk, lowering financial leverage and enhancing cash inflow, the lessor is capable to provide full value-chain aircraft solutions to its airline customers. It is part of the Group’s strategy to keep advancing its aircraft rental realisation products and explore other financing alternatives with high agility in the capital market, in order to support its fleet expansion at a sustainable and accelerated pace while maintaining a lower financing cost.

Media Contact

China Aircraft Leasing Group Holdings Limited

Corporate Communications Department