BOC Aviation receives 'BBB’ Standard and Poor's rating, outlook stable

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Standard & Poor's has assigned BOC Aviation a corporate credit rating of "BBB" with a stable outlook.

This is the highest investment-grade corporate credit rating assigned by Standard & Poor's to any publicly-rated aircraft leasing company, BOC Aviation said.

Robert Martin, managing director and chief executive of BOC Aviation, says: "This will enable us to further diversify our funding sources and investor base," he added.

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