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Nasair gets export credit for Embraer 190

18 January 2011

The Saudi Arabian airline secured financing from Natixis Transport Finance backed by the Brazilian Export Credit Agency (SBCE).

Read more: Nasair Embraer E190 Brazilian Export Credit Agency (SBCE) Natixis Transport Finance Paulo Cesar de Souza e Silva Saudi Arabia

Nasair, a low-cost carrier in Saudi Arabia, has taken delivery of an Embraer E190 jet. The Brazilian Export Credit Agency (SBCE) guaranteed the financing provided by Natixis Transport Finance.

The transaction represents the first...


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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