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$18m refinancing for Icelandair Group
05 October 2011
The seven-year loan from Deutsche Bank will refinance other loans that were recently repaid.
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Icelandair Group
Deutsche Bank
757-200
Bogi Bogason
Watson Farley and Williams
Icelandair has closed a loan facility with Deutsche Bank worth $18 million. The loan is secured against two 2000-vintage Boeing 757-200s and will be used to refinance other loans that have recently been repaid. The seven-year loan has a variable interest rate tied to a Deutsche Bank-managed index.Speaking...
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