BOC Aviation has raised the limit of its Euro Medium Term Note Programme (“EMTN Programme”) to US$5.0bn from US$2.0bn. The EMTN Programme was established in September 2012. Notes issued pursuant to the EMTN Programme may be listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”) or such other or further stock exchange(s) and/or competent listing authorities as may be agreed between BOC Aviation and the relevant dealer or may not be listed nor admitted to trading on any market. Net proceeds will be used to fund new capital expenditure, general corporate purposes and/or refinancing existing borrowings. The Company has raised more than US$1.4bn under the EMTN Programme so far.