BOC Aviation has tapped the debt market for an additional $150 million through the reopening of a previous 10-year senior unsecured notes issue.
Strong demand for its $350 million, 4.4% senior unsecured notes due May 2023 prompted the lessor to reopen the issue, bring the total size of the deal to $500 million, BOC Aviation said in a statement.
It adds that total orders for the reopened issue exceeded $900 million.
Insurers took 43% of the reopened issue, fund and asset managers 38%, private banks 12%. Banks and other investors took 7%.