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3 months ago
BRIEF-China Aircraft Leasing Group updates on realisation of Finance Lease Receivables
May 19, 2017 / 1:14 PM / 3 months ago

BRIEF-China Aircraft Leasing Group updates on realisation of Finance Lease Receivables

May 19 (Reuters) - China Aircraft Leasing Group Holdings Ltd :

* On 16 MAY 2017, each of special purpose companies, and trust entered into FLR transaction documents

* Total consideration for assignment of FLR of approximately US$64.7 million was received by co in cash

* Co plans to use proceeds arising from realisation transaction for prepayment of relevant aircraft financing Source text for Eikon: Further company coverage:

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