BOC Aviation Extends $2bn Credit Facility

Chinese lessor BOC Aviation has confirmed it has extended the maturity dates of its unsecured revolving credit facilities with its parent company, the Bank of China, to 2022.

Chinese lessor BOC Aviation has confirmed it has extended the maturity dates of its unsecured revolving credit facilities with its parent company, the Bank of China, to 2022.

The new $2bn agreement replaces two existing $1bn unsecured revolving credit facilities that had maturity dates of December 2017 and April 2019.

Robert Martin, managing director and CEO of BOC Aviation, said the credit extension will help it to continue its “disciplined” growth strategy.

TAGS: Asia Pacific
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