December 28, 2017 / 2:22 PM / a month ago

BRIEF-China Aircraft Leasing Group To Establish Vehicle To Invest In Lease-Attached Aircraft

Dec 28 (Reuters) - China Aircraft Leasing Group Holdings Ltd :

* PROPOSES TO ESTABLISH VEHICLE WITH MEZZANINE FINANCIERS TO INVEST IN PORTFOLIO OF LEASE-ATTACHED AIRCRAFT

* ‍INITIAL AIRCRAFT PORTFOLIO TO COMPRISE AIRCRAFT ASSETS WITH MARKET APPRAISED VALUE OF ABOUT US$826 MILLION​

* CO TO DISPOSE INITIAL AIRCRAFT PORTFOLIO TO VEHICLE TO INITIATE OPERATIONS OF VEHICLE

* ‍TARGET ASSET SIZE OF AIRCRAFT HELD BY VEHICLE MAY GROW TO ABOUT US$1.4 BILLION​ Source text for Eikon: Further company coverage:

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