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BOC Aviation to tap 1.625% notes in Treasuries plus 155 bps area
By Marisa Wong and Cristal Cody
Los Angeles, May 6 – BOC Aviation (USA) Corp. plans to price a tap issue of its 1.625% notes due April 29, 2024 guaranteed by Singapore-based parent company BOC Aviation Ltd.
The add-on is talked to yield in the Treasuries plus 155 basis points area, according to a market source.
BOC, BNP Paribas, Citigroup, HSBC and JPMorgan are the bookrunners.
The original $750 million of notes priced on April 22 to yield Treasuries plus 140 bps.
BOC Aviation is a global aircraft leasing company.
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