Bohai Terminates Tender Offer for Avolon

BEIJING--(BUSINESS WIRE)--Global Aviation Leasing Co., Ltd., a Cayman Islands exempted company (“Offeror”) and an indirect wholly-owned subsidiary of Bohai Leasing Co., Ltd., a limited company existing under the laws of the People’s Republic of China (“Parent”), today announced that it has terminated its tender offer to purchase 20% of the outstanding common shares of Avolon Holdings Limited (NYSE:AVOL), at a price of $26.00 per share in cash. The tender offer was previously scheduled to expire at midnight, New York City time, at the end of the day on September 18, 2015.