01 June 2005
Bombardier is planning a $1.7 billion securitization of 70
aircraft in its customer finance portfolio. Wachovia is
arranging the deal.
Proceeds will refinance aircraft that have already been
delivered and also allow Bombardier to fulfil future finance
commitments that it has made as part of recent orders. Wachovia
provided bridging loan aircraft that have been delivered.
Bombardier has been working on the deal for more...
To continue reading this article – simply login below
Please choose one of the following options:
for free weekly newsletters
Bank LTVs for a BB-rated or equivalent rated airline for 10-year secured bank debt for two new 737s, are now approximately:
18 Jan 16 - 20 Jan 16 | Covention Centre, Dublin
16 Mar 16 - 17 Mar 16 | African Pride 15 on Orange Hotel, Cape Town
14 Apr 16 - 15 Apr 16 | The Peninsula Tokyo Hotel, Tokyo
18 Apr 16 - 20 Apr 16 | The Downtown Association, New York
21 Apr 16 - 22 Apr 16 | The Ritz-Carlton South Beach, Miami
All material subject to strictly enforced copyright laws. © 2015 Euromoney Institutional Investor PLC.