BOC Aviation Limited, a leading global aircraft operating leasing company headquartered in Singapore, has signed a self-arranged club loan transaction totaling US$2 billion with 19 banks worldwide. Announced on March 12, 2026, the deal includes US$1 billion in five-year unsecured term loan facilities, US$500 million in five-year unsecured committed revolving credit facilities, and US$500 million in seven-year unsecured term loan facilities—the company’s first of this tenor.
DBS Bank Ltd. served as Global Coordinator and Documentation Agent, while The Hongkong and Shanghai Banking Corporation Limited, Singapore Branch, acted as Facility Agent. The transaction expanded BOC Aviation’s lending group by adding two new banks. Proceeds will fund general working capital, capital expenditure, and refinancing of existing debt.
“This transaction demonstrates the continued support that we receive from our panel of banking partners, enabling us to extend the term of our unsecured debt transactions at highly competitive pricing. This additional funding further expands the liquidity available to the Company to pursue its growth plans,” said Chan Mui Sin, Head of Treasury, BOC Aviation.
BOC Aviation, a subsidiary of Bank of China listed on the Hong Kong Stock Exchange (HKEx: 2588), manages a portfolio of 815 aircraft and engines owned, managed, and on order as of December 31, 2025. Its owned and managed fleet serves 87 airlines across 46 countries and regions, with offices in Dublin, London, New York, and Tianjin. The company maintains one of the youngest fleets in the industry, averaging five years in age.