In June 2026, a team of attorneys from Beijing King&Capital (Shanghai) Law Firm collaborated with the Irish law firm Noble Shipping Law to issue a legal opinion regarding the aforementioned financing project. Zhou Fuyi, a partner at King&Capital’s Shanghai office, and attorney Jin Jianyang led this legal engagement, providing a full range of legal services including preliminary document research, document review, qualification review of the financing entity, review of overseas bankruptcy proceedings, review of board meeting minutes, and consultation on EMIR registration, and issued the relevant legal opinion for the project.

A certain financial institution, acting as the project financier and swap counterparty, intended to enter into a 3-year yen-denominated bank loan totaling 13 billion yen with the project financier, accompanied by a yen/U.S. dollar cross-currency swap.

The project financier, BOCOMM AVIATION LEASING IRELAND COMPANY LIMITED, was established in 2017 as a wholly-owned subsidiary in Ireland of Bank of Communications Aviation and Shipping Financial Leasing Co., Ltd.—one of the first five bank-affiliated financial leasing companies approved by the State Council. Since its establishment, BOCOMM AVIATION LEASING IRELAND COMPANY LIMITED has engaged in various aircraft leasing businesses worldwide, including operating leases and finance leases. Its leasing operations primarily focus on commercial aircraft operating leases, covering regional jets and business jets.

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