CDB Aviation closes $700 million loan aircraft portfolio financing

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing, entered into a $700 million facility agreement secured with a portfolio Airbus and Boeing narrowbody and widebody aircraft on lease to various of the lessor’s airline customers. The facility is financed by a group of leading MLA banks, including Natixis, CACIB, BNP Paribas, the Korean Development Bank, the Hongkong and Shanghai Banking Corporation, Bank of China (Hong Kong), Bank of Communications (Hong Kong), Bank of Communications (acting through its offshore banking unit), CaixaBank, and Oversea-Chinese Banking Corporation. Natixis, Crédit Agricole Corporate and Investment Bank (CACIB), and BNP