CALC eyes new loan amid hit to aviation industry

Airplane_Adobe_27May_575
By Pan Yue
05 Jun 2020

China Aircraft Leasing Group Holdings is navigating difficult conditions in the syndications market for a $46m new money loan, as lenders step back from the pandemic-hit aviation industry.

Korea Development Bank and Taishin international Bank are the mandated lead arrangers and bookrunners for the facility, according to a banker who received the invitation. The lead banks launched the deal into syndication on June 2.

The loan carries a tenor of three years with an average ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial