CDB Aviation Issues $500 Million Senior Unsecured Notes

Issuance Further Enhances Lessor’s Diversified Capital Structure

DUBLIN – February 4, 2026 – CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today that its wholly owned subsidiary, CDBL FUNDING 1, successfully priced a single-tranche offering of senior unsecured notes (“Notes”) totaling US$500 million on February 4, 2026.

The Notes were issued under its US$3 Billion Medium Term Note Program, which is rated A2 by Moody’s and A by Fitch, in Regulation S format and with the full support of its guarantor, CDB Aviation, and the keepwell and asset purchase deed provider, CDB Leasing.

The 5-year fixed rate Notes were priced at T5 + 50bps, bearing a 4.25% coupon, representing a 45bps tightening from the initial price guidance (“IPG”).

The transaction generated strong demand from a broad base of global investors, with the order book peaking at over US$2.36 billion from around 100 institutional accounts.

“This marks another resounding success following CDB Aviation’s return to the international bond market in 2025,” commented Jie Chen, Chief Executive Officer of CDB Aviation. “The issuance reflects our ongoing efforts to optimize our capital structure and enhance our competitiveness, underscoring the CDB Aviation team’s unwavering commitment to our long‑term vision.”

The deal was jointly led by a consortium of leading global financial institutions. Standard Chartered Bank, China CITIC Bank International, HSBC, Goldman Sachs (Asia) L.L.C., Bank of Communications, and China Securities International as the Joint Global Coordinators, Joint Lead Managers, and Joint Bookrunners. Additional Joint Lead Managers and Bookrunners included Bank of China Limited, Shanghai Pudong Development Bank Hong Kong Branch, Industrial Bank Co., Ltd. Hong Kong Branch, Deutsche Bank, and Huaxia Bank Co. Limited Hong Kong Branch.