Singapore-based aircraft leasing company BOC Aviation has priced its US$500m 5-year bonds due 2029.
The fixed rate senior unsecured notes will be issued by joint lead managers BOC International, Citigroup, DBS Bank, HSBC, and Westpac under BOC Aviation’s global medium term notes programme.
The notes will bear a coupon of 5.0% per year with interest payable semi-annually in arrear and will be listed on SGX-ST.
They are rated A- by both S&P Global Ratings and Fitch Ratings and are expected to be issued on Jan 17, maturing on the same day in 2029.
