Today China Eastern Airlines has announced an order for 20 A350-900s and finalised an order for 15 787-9s, while China Aircraft Leasing Company, or CALC, has launched its first US bond issuance. CALC has launched and priced its first US dollar bond in an aggregate principal amount of US$300 million due 2019. The unrated and unsecured bonds will bear an interest of 5.9% per annum, payable semi-annually in arrear, commencing on November 6, 2016. The bonds are irrevocably and unconditionally guaranteed by the company. It is CALC’s largest debt raising exercise to date. The estimated net proceeds of the proposed

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