Completed in Brazil
On March 8th ICBC Leasing completed the first FPU transaction, a part of its $3 billion agreement with Petrobras. The maritime equipment leasing deal was signed during Chinese Prime Minister Li Keqiang's visit to Brazil in May 2015, marking the new era of cooperation between the countries.
ICBC Leasing disbursed $1 billion in financing for the FPU (P-52) platform, with ten years maturity period.
By providing core assets to Petrobras, the biggest energy resources company in the region, ICBC Leasing position itself comprehensively in the oil production sector, enhancing its competitiveness in the international market.