BOC Aviation's $1.1b IPO attracts investors
By Bloomberg | China Daily | Updated: 2016-05-17 08:13
BOC Aviation Ltd, the aircraft leasing unit of Bank of China Ltd, has attracted investors including Boeing Co and the Chinese sovereign wealth fund to buy shares in its $1.1 billion initial public offering in Hong Kong.
China Investment Corp and the Silk Road Fund have agreed to each invest $100 million in the offering, while Oman Investment Fund will buy $50 million of stock, according to terms for the deal obtained by Bloomberg.
Boeing, the world's biggest planemaker, committed $30 million, and Chinese billionaire Guo Guangchang's Fosun International Ltd will purchase $35 million of shares, the terms show.
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