CALC accepts all tendered amount for two USD bonds

China Aircraft Leasing Group Holdings (CALC) has announced the final results of tender offer for purchase of the two USD bonds due 2024. CALC stated that in view of the company’s “sufficient liquidity and promising long-term prospect”, the Group “has accepted all of the tendered amount for the bond that totals US$51.12 million. This total comprises the final acceptance amount of US$50.72 million for the US$200 million 5.5% guaranteed bonds due March 2024 and the final acceptance amount of US$0.4 million for the US$100 million guaranteed bonds due December 2024. CALC says that this bond repurchase is one of the