Avolon, an aircraft leasing company, repriced its $672 million senior secured term loan B-5 facility, which has a maturity date of December 2027, at LIBOR plus 2.25% from LIBOR plus 2.5%, with a LIBOR floor of 0.5%, which was reduced from 0.75%. read more
AUG 2, 2021 - 6:21 am
According to Fitch Ratings, aircraft lessors are benefitting from increased air travel, strong airline profitability, low interest rates and generally accessible funding markets. read more
SEP 20, 2016 - 6:32 am
In an update on Q1/16 performance, Avolon said that following its acquisition by Bohai Leasing in early January 2016, its total owned, managed and committed fleet at March 31, 2016 was 402 aircraft. read more
APR 29, 2016 - 7:11 am
Avolon delivered one Airbus A320-200 aircraft to Thai Air Asia. This is the second Avolon aircraft on lease to the Thailand-based airline. read more
APR 15, 2016 - 6:31 am
Avolon announced the delivery of one Airbus A330-300 aircraft to Garuda Indonesia. This delivery is Avolon’s sixth aircraft on lease to Garuda Indonesia read more
FEB 3, 2016 - 6:29 am
Aircraft lessor Avolon announced that Bohai Leasing is investing an incremental $1.2 billion of equity capital in the business to accelerate growth in 2016 and beyond. read more
JAN 26, 2016 - 7:25 am
Bohai Leasing announced the completion of its previously announced acquisition of Avolon Holdings, the international aircraft leasing company. read more
JAN 11, 2016 - 7:36 am
Citing comments made by Domhnal Slattery, the CEO of Avolon Holdings, Bloomberg said that China has under-ordered by 750 planes for its target of $1 trillion worth of aircraft for the next 20 years. read more
JAN 11, 2016 - 7:14 am
At the extraordinary general meeting held this week, Avolon shareholders voted in favor of the proposal to authorize and approve the previously announced merger agreement with Bohai Leasing. read more
OCT 21, 2015 - 7:17 am
Bohai Leasing entered into a definitive merger agreement with Avolon at a price of $31 cash per common share. The new bid was below the one made in August for the Irish aircraft leasing company of $32 per share. read more
SEP 4, 2015 - 7:30 am
Avolon entered into an exclusivity agreement with Bohai Leasing granting Bohai exclusivity to negotiate terms with Avolon for the possible acquisition of 100% of Avolon at $32 dollars per share. read more
AUG 11, 2015 - 6:33 am
In another move to strengthen its standing in the global market, Bohai has entered into an agreement with Avolon to make a cash tender off for 20% of outstanding common share priced at $26 per share. read more
JUL 14, 2015 - 6:34 am
Bohai has arranged an additional $300 million to further grow the business of its principal aircraft leasing subsidiary, Hong Kong Aviation Capital. read more
JUL 13, 2015 - 6:44 am