CDB Aviation signs $506 million sustainability linked loan

CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing (CDB Leasing), has executed a new sustainability linked loan transaction anchored with a $506 million unsecured term loan facility. The sustainability-linked transaction is the second of its type for the lessor, which signed a similar syndicated term loan in December 2023. “We’re continuing to build on our platform’s robust ability to engage global financing institutions to diversify our financing sources, while advancing our sustainability strategy and broadening relationships within the banking and capital market sectors,” highlighted CDB Aviation’s chief executive officer Jie Chen. The facility was financed by a group of MLA banks, including: Bank of China (Hong Kong), China CITIC Bank International, Bank of Communications Sydney Branch, Bank of Communications Tokyo Branch, Bank of Communications (Hong Kong), Agricultural Bank of China London Branch, The Bank of East Asia, Industrial and Commercial Bank of China London Branch, Shanghai Pudong Development Bank Co acting through its Hong Kong Branch, Shanghai Pudong Development Bank, London Branch, and China Construction Bank Corporation London Branch.