CDB Aviation closes inaugural $625 million SLL

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), entered into its inaugural Sustainability Linked Loan (SLL) on December 1, 2023, anchored with a $625 million syndicated term loan facility. “This innovative facility marks a landmark transaction for the aviation finance space,” said Jie Chen, CDB Aviation’s Chief Executive Officer. “We’re thrilled to have leveraged our comprehensive sustainability strategy, with a particular focus on the activities across the Environmental and Social aspects of our operations, to secure this first major sustainability-linked loan syndicated facility among aircraft lessors.” The SLL parameters of the facility are