Apr
24

BOC Aviation Said to Test Investor Appetite for $1.5 Billion IPO

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  • Company plans to start taking investor orders in mid-May
  • Asia set to overtake the U.S. as largest aircraft market

BOC Aviation Ltd., Asia’s biggest aircraft-leasing company, began gauging demand Monday for a Hong Kong initial public offering that could raise as much as $1.5 billion, people with knowledge of the matter said.

The company, owned by Bank of China Ltd., expects to start taking investor orders in mid-May, according to the people, who asked not to be identified as the information is private. It plans to start trading as soon as the end of May, the people said…

BOC Aviation Said to Test Investor Appetite for $1.5 Billion IPO

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