everbright’s china aircraft leasing company is listed on the main board of hong kong stock exchange
(july 11, 2014 - hong kong) china aircraft leasing group holdings ltd. (“calg”, stock code: 1848.hk), an affiliated company of china everbright ltd. (“cel, stock code: 165.hk), was listed on the main board of the hong kong stock exchange today. the offer price of calg shares was hk$5.53/share. the total fund raising amount was approximately hk$729 million and the market capitalisation of calg was hk$3.2 billion calculated with the offer price.
as an independent aircraft leasing company, calg focuses on china aircraft leasing market. cel acquired calg’s shares and became its major shareholder in 2011. the introduction of cel provides strong support to calg for its business development, overseas market expansion, and improvement of capability for fulfilling clients’ demands. after listing, cel holds approximately 35% stake of calg, is still a major strategic shareholder of calg.
commenting on the success of the deal, cel said, “the listing marks a remarkable milestone for calg. capitalise on its effective market positioning, unique business model, experienced management team, calg’s market share keeps expanding since its establishment. china’s aircraft leasing industry is blooming, with the opportunities brought by the capital market, calg is well positioned for further development; and cel will continue to provide full support to calg as in the past.”
china everbright capital limited and ccb international capital limited are the joint sponsors; china everbright securities (hk) limited, ccb international capital limited and china international capital corporation hong kong securities limited are the joint global coordinators and joint bookrunners.
about china aircraft leasing group holdings limited
china aircraft leasing group holdings limited (“calg”; stock code: 1848.hk) is a forerunning aircraft operating lessor in china with offices in hong kong, beijing, shanghai, shenzhen and tianjin, china; labuan, malaysia; toulouse, france and dublin, ireland. through its overseas leasing platform and its domestic leasing platforms in tianjin and shanghai, calg has created competitive advantages through its strategic “dual-platform” business model which enables the group to provide its airline customers with innovative, flexible and competitive leasing solutions inside and outside china. as an independent aircraft operating lessor, calg takes advantage of its extensive international financial network to access to a wide range of sustainable sources of financing from the region and beyond.
as of 24 june 2014, calg owned and managed a portfolio of 32 commercial aircraft. with primary focus on china market, calg is expanding its footprints into global emerging markets, providing innovative and dynamic leasing solutions to clients around the globe.
for more information of calg, please visit .
