Skip to content
Subscriber Only

BOC Aviation Said to Gauge Demand for Up to $1.5 Billion IPO

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

BOC Aviation Ltd., Asia’s biggest aircraft-leasing company by asset value, 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 Singapore-based 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.