Hong Kong based-lessor CALC has a diverse funding source base and ample liquidity to deal with the ongoing COVID-19 pandemic, according to a corporate update released by the firm today. CALC said its strategy has always been to pursue stable and sustainable growth part of which includes developing a diverse funding base, which now includes sources both in China and offshore. Likewise, according the update, CALC also uses a variety of funding structures including Pre-Delivery Payment (“PDP”) syndicated loans, aircraft project loans, US dollar bonds, Renminbi medium-term notes, corporate bonds to fund its asset-light business model. To highlight the firm’s financial
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