CALC funds one A321neo; plans to sell $3bn assets

China Aircraft Leasing Company (CALC) closed the commercial financing of one Airbus A321neo on lease to China Airlines. Credit Agricole Corporate and Investment Bank (CA-CIB) acted as mandated lead Arranger, facility agent, and security trustee. CA-CIB and E.Sun Commercial Bank, Hong Kong Branch acted as Lenders. CA CIB, Hong Kong Branch acted as the borrower account bank. The finance parties were represented by Clifford Chance. CALC was advised by Watson Farley & Williams. Going ahead, CALC is also considering selling some of its assets outside greater China, which could raise about $3bn in a transaction, according to sources. Accordingly, CALC