Bohai Leasing subsidiary Avolon progresses USD 650m funding

Avolon Funding, a wholly-owned subsidiary of Avolon Holdings Limited, has priced a USD 650 million offering of senior unsecured notes, bearing an interest rate of 4.900% and maturing in 2030. The proceeds from this offering are earmarked for general corporate purposes, including the refinancing of upcoming debt maturities. Avolon and its subsidiaries will provide joint liability guarantees for the notes. The offering is expected to close on July 10, 2025. Following this transaction, Avolon's total utilized loan quota for 2025 will reach USD 2.195 billion, remaining within the approved limit of USD 10.5 billion, authorized by shareholders.