May
15

BOC Aviation Attracts Boeing, Omani Fund to $1.1 Billion IPO

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  • Eleven cornerstone investors to buy 52% of base offering
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BOC Aviation Ltd., the aircraft leasing unit of Bank of China Ltd., attracted investors including Boeing Co. and the Chinese sovereign wealth fund to buy shares in its $1.1 billion initial public offering in Hong Kong.

China Investment Corp. and the Silk Road Fund agreed to each invest $100 million in the offering, while Oman Investment Fund will buy $50 million of stock, according to terms for the deal obtained by Bloomberg. Boeing, the world’s biggest planemaker, committed $30 million, and Chinese billionaire Guo Guangchang’s Fosun International Ltd. will purchase $35 million of shares, the terms show…

BOC Aviation Attracts Boeing, Omani Fund to $1.1 Billion IPO

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