Press Release

BOC Aviation Rated BBB by Standard & Poor’s

27 Jun 2012

BOC Aviation has been assigned a corporate credit rating of BBB with stable outlook by Standard & Poor’s Rating Services.  This is the highest investment grade corporate credit rating assigned by Standard & Poor’s to any publicly-rated aircraft leasing company.   

“BOC Aviation is pleased to receive a second investment grade credit rating,” said Mr. Robert Martin, Managing Director and Chief Executive Officer of BOC Aviation.  “This will enable us to further diversify our funding sources and investor base,” he added.

BOC International and Citigroup Global Markets Asia Limited acted as joint advisors to BOC Aviation on its inaugural credit ratings.

BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio of 188 modern aircraft operated by airlines worldwide. In addition, the Company has 63 aircraft on firm order.  BOC Aviation has one of the youngest fleets in the industry with an average aircraft age of less than four years.

BOC Aviation is 100% owned by Bank of China, one of the largest banks in the world.

For more information, please contact:

Elsie Ng
Tel: +65 6325 9638
[email protected]
www.bocaviation.com