Disclosable Transactions in Relation to the Acquisition of Three Aircraft
Hong Kong Stock Exchange – June 30, 2021 – The board of directors (the “Board”) of China Development Bank Financial Leasing Co., Ltd. (the “Company”) is pleased to announce that CDB Aviation Lease Finance DAC (“CDBALF”), a wholly-owned subsidiary of the Company, has entered into two sale and purchase agreements (the “Sale and Purchase Agreements”) with AWAS Ireland Leasing Four Limited (the “Seller”) on 30 June 2021, pursuant to which CDBALF has agreed to purchase (through its wholly-owned subsidiary or nominee) two (2) Boeing 737-MAX8 aircraft through the acquisition of the beneficial interest in each trust established over the aircraft from the Seller (the “Current Transaction”).
Within the past twelve months, CDBALF entered into a sale and purchase agreement with the Seller on 28 June 2021, pursuant to which CDBALF has agreed to purchase (through its wholly-owned subsidiary or nominee) one (1) Boeing 737-MAX8 aircraft through the acquisition of the beneficial interest in a trust established over such aircraft from the Seller (the “Previous Transaction”).
Read the announcement on Hong Kong Stock Exchange
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