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Nas Air closes Ex-Im loan on Hawker 750s

19 May 2009

US government supports Hawker 750 exports to Saudi Arabia

Read more: National Air Services Ex-Im Bank

Arab Banking Corporation has closed a $60.5 million Ex-Im Bank guaranteed loan for Saudi Arabian business jet operator National Air Services.

The seven year facility finances six Hawker 750 aircraft from US manufacturer Hawker Beechcraft Corporation.

The business...


Quote

“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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