China Aircraft Leasing Group (CALC) has entered into separate repurchase agreements with investors to repurchase convertible bonds due in 2018 in the aggregate principal amount of HK$581,850,000. Of such mentioned amount, HK$77,580,000 convertible bonds will be repurchased by China Everbright Financial Investments (China Everbright). Upon completion of such repurchase, China Everbright will continue to hold the remaining HK$310,320,000 convertible bonds. The lessor said that it is “dedicated [to] exploring diversified financing alternatives to support its long-term and sustainable growth, and reducing finance cost to maximise its profitability. This repurchase is part of our active management of balance sheet in constantly

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