China Aircraft Leasing Group (CALC) has launched an unsecured revolving syndicated loan totalling a maximum of US$500 million, with an initial placement size of US$350 million, to finance part of Pre-Delivery Payments (PDP) for its new aircraft orders. This is the aircraft leasing industry’s first sustainability-linked PDP loan facility. The loan is a dual-currency facility with US dollars and Chinese yuan. China Construction Bank Shanghai Branch served as the lead arranger, Bank of China Shanghai Branch, Bank of Communications Shanghai Branch were joint lead arrangers, and Shanghai Pudong Development Bank Beijing Branch was participating bank. China Construction Bank Shanghai Branch and
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