China Aircraft Leasing Group Holdings (CALC) signed a strategic cooperation agreement with China Construction Bank Shanghai Branch on June 29, 2015 to “further strengthen business cooperation and enhance a long-term and stable strategic partnership of both parties, achieving mutually beneficial development”. According to the agreement, China Construction Bank Shanghai Branch agreed to provide 4.4 billion yuan (or equivalent in foreign currency) of intent credit line to CALC. Scope of this credit line of intent include but not limited to fixed asset loans, commercial transferred loans, trade financing, M&A loans, acceptance notes and discount notes, non-financial and financial guarantees. The agreement

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