- PIF-backed jet lessor could raise $500m
- JPMorgan and Citigroup mentioned
- Bond part of $2bn programme
AviLease, the jet-leasing company backed by Saudi Arabia’s Public Investment Fund (PIF), has been holding talks with banks to prepare an inaugural bond sale, two people with knowledge of the plan told Reuters.
The company has discussed a dollar-denominated debut with JPMorgan and Citigroup, said the people, who declined to be identified because the information is private.
AviLease could raise at least $500 million from its debut bond, as part of a $2 billion programme,…
