US-based Fitch Ratings has assigned a final rating of A+ to China Development Bank Financial Leasing’s $500 million 1.5% notes due 2023 and issued by CDBL Funding 1 under CDB Leasing's $3 billion medium-term note (MTN) programme.
The notes are listed on the Hong Kong Stock Exchange and the proceeds will be used for Capex, including aircraft acquisitions and orders, re-financing of existing debt obligations, working capital and other general corporate purposes related to the company's aircraft leasing business.
Related ID: 16669, 16098