Reuters reported that aircraft leasing company BOC Aviation is looking to partner with the cornerstone investors in its $1.1 billion public share offer in potential aircraft securitization deals and joint ventures.
On Monday the Bank of China subsidiary launched its Hong Kong IPO, having secured 11 cornerstone investors including state funds China Investment, Silk Road Fund, Oman Investment Fund, and Boeing, Reuters said.
Reuters also noted that analysts expect a rise in asset-backed secularizations by aircraft lessors.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!