BOC Aviation Limited, a Singapore-headquartered global aircraft operating leasing company, signed a self-arranged club loan transaction totaling $2 billion with 19 banks worldwide on March 12, 2026. The facility includes $1 billion in five-year unsecured term loans, $500 million in five-year unsecured committed revolving credit facilities, and $500 million in seven-year unsecured term loans—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 deal added two new banks to BOC Aviation’s lending group. 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 manages a portfolio of 815 aircraft and engines owned, managed, and on order, leased to 87 airlines across 46 countries and regions as of December 31, 2025. Listed on the Hong Kong Stock Exchange (HKEx: 2588), the company maintains offices in Dublin, London, New York, and Tianjin. Its owned fleet averages five years in age, with a weighted average remaining lease term of eight years and credit ratings of A- from S&P Global and Fitch.