December 29, 2017 / 2:55 PM / 19 days ago

BRIEF-China Aircraft Leasing Group To Buy And Leaseback 2 Used Aircraft From SaudiGulf Airlines

Dec 29 (Reuters) - China Aircraft Leasing Group Holdings Ltd :

* CO, THROUGH TWO OF ITS SPECIAL PURPOSE VEHICLES, ENTERED INTO AIRCRAFT AGREEMENTS WITH SAUDIGULF AIRLINES

* AGREED TO PURCHASE TWO USED AIRCRAFT FROM SAUDIGULF AIRLINES​

* AGGREGATE ROLLING ENCUMBERED VALUATION OF AIRCRAFT IS ABOUT US$107.58 MILLION

* AIRCRAFT WILL BE LEASED BACK TO SAUDIGULF AIRLINES SUBSEQUENTLY Source text for Eikon: Further company coverage:

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