New Issue: AVIC’s Soar Wise sells $300 million 1.65% guaranteed notes due 2024

By Devika Patel

Knoxville, Tenn., Jan. 3 – AVIC International Leasing Co., Ltd. subsidiary Soar Wise Ltd. sold $300 million of 1.65% guaranteed notes due 2024 under its $3.5 billion medium-term note program, according to a pricing supplement.

The notes are guaranteed by the parent.

Agricultural Bank of China Ltd., Hong Kong Branch, Bank of China, BNP Paribas, DBS Bank Ltd., Haitong International, ICBC International, ICBC (Asia) and Shanghai Pudong Development Bank Hong Kong Branch were the arrangers.

Based in Shanghai, AVIC leases aircraft, aviation products, ships, locomotives, plant scale equipment, electrical equipment, communication equipment and other equipment.

Issuer:	Soar Wise Ltd.
Guarantor:	AVIC International Leasing Co., Ltd.
Amount:	$300 million
Issue:	Guaranteed notes
Maturity:	2024
Bookrunners:	Agricultural Bank of China Ltd., Hong Kong Branch, Bank of China, BNP Paribas, DBS Bank Ltd., Haitong International, ICBC International, ICBC (Asia) and Shanghai Pudong Development Bank Hong Kong Branch
Coupon:	1.65%
Pricing date:	Oct. 11

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