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Global Aviation sells $175m of secured notes

07 August 2009

Global Aviation Holdings, World Airways and North American Airlines have sold $175 million of senior secured notes in a private placement

Read more: Global Aviation Holdings World Airways North American Airlines Jefferies

Global Aviation Holdings, World Airways and North American Airlines have sold $175 million of secured notes in a private...


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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