27 March 2015
China Aircraft Leasing Group closed its Convertible Bonds offering

China Aircraft Leasing Group Holdings Limited (hereinafter referred to as “CALC” or the “Company”) successfully completed its issuance of  convertible bonds on Mar. 26, 2015, raising USD 115 MM with maturity of 3 years and an annual coupon rate of 6.5%. The conversion price is HKD 11.28 per share, implying a premium of 16.50% versus the average closing price for 30 trading days preceding the announcement. The number of new shares to be issued at conversion is 79,093,083, representing 13.49% of the share capital before the issuance and 11.89% of the enlarged share capital. CICC acted as Sole Financial Advisor and Sole Placing Agent in this transaction.