BOC Aviation has been assigned a corporate credit rating of BBB with stable outlook by Standard & Poor’s Rating Services.  According to the company, this is the highest investment grade corporate credit rating assigned by Standard & Poor’s to any publicly-rated aircraft leasing company.    

Robert Martin, managing director and chief executive officer of BOC Aviation, said “BOC Aviation is pleased to receive a second investment grade credit rating. This will enable us to further diversify our funding sources and investor base.”

BOC International and Citigroup Global Markets Asia Limited acted as joint advisors to BOC Aviation on its inaugural credit ratings.

BOC Aviation is a pan Asian based aircraft leasing company with a portfolio of 188 aircraft operated by airlines worldwide.

In addition, the company has 63 aircraft on firm order. BOC Aviation is 100% owned by Bank of China, one of the largest banks in the world and a public stock company traded as SEHK: 3988, SSE: 601988, OTC Pink: BACHY.