Bank of China’s aircraft leasing unit, BOC Aviation, returned to the international bond markets for the fist time in a year on Wednesday with a $750 million 10-year Reg S144a issue.
The AA-rated company built up a respectable order book of $3.2 billion for its deal, which marks the first under a new MTN programme.
Banker said the deal attracted 203 investors, with Asia accounting for 72% of the deal followed by the US on 16% and EMEA 12%
Funds took up 51% of the deal, followed by insurance and pension accounts on 21%. The rest went to banks 18% and...
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