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BNP wins two mandates and closes two deals

01 March 2010

Lion Air and TAM have mandated BNP Paribas to arrange financing for deliveries starting in the first half of 2010. The bank has also closed two export credit financings.

Read more: Lion Air TAM LAN Avianca BNP Paribas

Lion Air has mandated BNP Paribas to arrange an export credit financing for four 737-900ERs. The aircraft will begin to deliver in March 2010. In December BNP Paribas arranged a European export credit financing for three ATR72-500s for...


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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