Transaction Overview - Avolon Holdings Limited, a subsidiary of the company, signed agreements to sell 24 aircraft leasing assets to ACG Aircraft Leasing Ireland Limited for approximately $1.589 billion, equivalent to about 1.1061 billion RMB [1][7] - The transaction aims to optimize the company's asset structure and enhance the quality of its fleet assets, thereby improving competitiveness in the global aircraft leasing market [6][22] Transaction Details - The sale includes 18 narrow-body aircraft and 6 wide-body aircraft, with an average age of 4.5 years and an average remaining lease term of 8.9 years as of February 1, 2026 [4] - The transaction structure involves direct sales of aircraft, trust-based sales, and the transfer of beneficial interests in aircraft leasing assets [5][6] Financial Information - The total market price for the aircraft leasing assets is approximately $1.589 billion, with the actual sale price to be determined through negotiation [7] - Avolon Holdings Funding Limited issued $1.5 billion in senior unsecured notes to finance general corporate purposes, including share repurchases and debt repayment [9][10] Corporate Governance - The transaction was approved by the company's board of directors with unanimous consent, and it does not constitute a related party transaction [2][22] - The financing and guarantee arrangements for the notes issuance involve several subsidiaries providing joint liability guarantees [13][12]
渤海租赁股份有限公司关于控股子公司Avolon Holdings Limited之下属子公司出售飞机租赁资产的公告