BOC AVIATION INCREASES FIXED RATE SENIOR UNSECURED NOTES ISSUANCE TO A$200 MILLION

BOC Aviation Pte. Ltd. (“BOC Aviation”) has priced A$50 million of 5.5-year fixed rate senior unsecured notes due 2020 (the “Notes”). The Notes represent an increase over the Company’s A$150 million notes issuance priced on 14 July 2014 resulting in a final transaction size of A$200 million. The transaction was arranged by Westpac Banking Corporation and issued off BOC Aviation’s US$5 billion Euro Medium Term Note Programme.

The additional A$50 million Notes will carry the same coupon rate of 5.375% per annum and the same maturity date of 24 January 2020 and will close on 24 July 2014, subject to satisfaction of customary closing conditions.

The Notes will be listed on the SGX-ST, and will be rated BBB- by Standard & Poor’s Rating Services, and A- by Fitch Ratings.

BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio of 251 modern aircraft operated by 56 airlines worldwide as at 30 June 2014. The Company has one of the youngest fleets in the industry with an average owned aircraft age of less than four years.

BOC Aviation is 100% owned by Bank of China.