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UAE implements Cape Town

19 October 2008

Read more: Cape Town Convention International Registry of Mobile Assets

In an effort to provide for further protection for security interests in aircraft and engines to assist lenders and third-party interests, the United Arab Emirates has ratified and implemented the Cape Town Convention.

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“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

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