Aircraft solutions provider CALC has announced that its subsidiary, China Asset Leasing Company has successfully issued its first tranche of corporate bonds at the nominal value of RMB 1 billion (approximately $144.678 million), with a term of three years at a fixed coupon rate of 5.2%. The main purpose is to provide supplemental funding for developing the Group’s aircraft full value-chain solution business, including but not limited to aircraft acquisition and purchasing of aircraft materials. CALC initially planned to issue the bonds at RMB 500 million to RMB 1 billion. The first tranche of corporate bonds was conclusively issued at
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