Chicago, Oct. 24 – Soar Wise Ltd. priced $200 million guaranteed perpetual capital notes with an initial rate of 3.45% per year, according to a notice.
Shanghai-based AVIC International Leasing Co. is the guarantor.
Bank of China, BOC International, DBS Bank Ltd., Haitong International and ICBC International are the joint global coordinators, joint lead managers and joint bookrunners for the offering.
Joining as joint bookrunners and joint lead managers are ABC International, CMB Wing Lung Bank Ltd., Orient Securities (Hong Kong), Shanghai Pudong Development Bank Hong Kong Branch and SPDB International.
The notes were issued under the company’s $1 billion guaranteed medium-term note program.
The issuer is a lessor of aircraft, ships and heavy equipment.
| Issuer: | Soar Wise Ltd.
|
| Guarantor: | AVIC International Leasing Co.
|
| Issue: | Guaranteed perpetual capital notes
|
| Amount: | $200 million
|
| Coupon: | 3.45% initial rate
|
| Joint global coordinators: | Bank of China, BOC International, DBS Bank Ltd., Haitong International and ICBC International
|
| Joint bookrunners: | Bank of China, BOC International, DBS Bank Ltd., Haitong International and ICBC International, ABC International, CMB Wing Lung Bank Ltd., Orient Securities (Hong Kong), Shanghai Pudong Development Bank Hong Kong Branch and SPDB International
|
| Pricing date: | Oct. 17
|
| Settlement date: | Oct. 24
|
| Rating: | Moody’s: Baa1
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
