BOC Aviation has released that it has increased the amount of the committed, unsecured revolving credit facility (the RCF) from its largest shareholder, Bank of China and extended the maturity to 2026.
The new terms of the facility now provide the Company with US$3.5 billion to support its future growth, an increase of US$1.5 billion. The final maturity of the RCF has also been extended from April 28, 2022 to December 31, 2026.