Sunday, July 14, 2024 BOC Aviation Limited is pleased to announce the successful closure of a self-arranged club loan transaction with 25 banks globally, amounting to a total of US$2.3 billion. This five-year transaction marks the largest deal the Company has signed to date, surpassing the US$1.

375 billion club loan finalized in October 2023. The transaction includes four facilities provided by banks worldwide to both BOC Aviation and BOC Aviation (Ireland). DBS Bank Ltd.

served as the Global Coordinator and Documentation Agent, while The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, acted as the Facility Agent for all four facilities. The funds raised will be allocated for general working capital purposes, capital expenditure, and refinancing of existing debts. This landmark transaction underscores BOC Aviation’s robust financial position and its strategic approach to maintaining a diversified funding base.

By collaborating with a wide array of international banks, the Company not only enhances its liquidity but also fortifies its ability to support long-term growth and investment plans in the competitive aviation leasing market. “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 Aviatio.