As two Chinese lessors launch initial public offerings (IPOs) this summer, CIT Aerospace remains on the block and Aviation Capital Group (ACG) is moving towards IPO for no other reason than the fact that it is too large/successful to remain on the books of parent Pacific Life, much like PIMCO before it. ACG has interest coming from smaller Chinese investors – I say smaller but the reality is they are large but not as large as the likes of Bohai or HNA for example, but they are companies seeking US dollar-denominated scale and they will pay to get it. Pacific

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