CDB Aviation | Bond issuance | 11-20 | $500m | Transaction | Airfinance Journal

CDB Aviation | Bond issuance | 11-20 | $500m

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


Deal Categories

Regions:
China
China
Tagged as:
Unsecured
Debt Capital Markets
BRICS

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8