BOC Aviation prices inaugural US$750 million Rule 144A/Regulation S notes

BOC Aviation has priced its inaugural issuance of Rule 144A/Regulation S US$750 million five-year fixed rate senior unsecured notes due 2020 at a coupon of 3% per annum. The transaction was issued under BOC Aviation’s US$5 billion Global Medium Term Note (GMTN) Program. The joint bookrunners for the issue were BOC International, Citigroup, HSBC and JPMorgan. Morgan Stanley acted as co-manager. The Notes will bear a fixed interest coupon of 3% per annum with interest payable semi-annually in arrears. The yield to investors will be 3.118% per annum, representing a spread of 170 basis points per annum over 5-year US