CALC enters into rental realisation transaction for 3 aircraft

Victoria
By Victoria August 2, 2016 17:20

CALC enters into rental realisation transaction for 3 aircraft

China Aircraft Leasing Group (CALC) has entered into a rental realisation transaction for three aircraft. The transaction was structured into senior and junior tranches, a first-of-its-kind arrangement in China, to fit different appetites and strategies of investors. It again demonstrates CALC’s continued innovation on its rental realisation products which advances the aviation finance sector of the nation, while further cementing its already-diversified financing channels.

“As the pioneer in the China aircraft financing industry, CALC first ingeniously designed the aircraft capital securitisation products to meet the demand of Chinese investors in 2013,” said Winnie Liu, Deputy CEO and Chief Commercial Officer of CALC. “We are pleased to see that the market has shown growing knowledge and confidence in the aircraft leasing industry, leading to a consistent increase in demand for investments in the US dollar-denominated aircraft finance products. Taken into consideration different risk appetites and return expectations of investors, we have structured the deal into two tranches. The new structure also keeps the all-in-costs at a lower level for CALC.”

Victoria
By Victoria August 2, 2016 17:20