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Lan closes $300m ECA deal

26 October 2011

The Chilean carrier has secured financing for eight Airbus narrowbodies.

Read more: Lan Airlines export credit loan Airbus A320 Export Credits Guarantee Department (ECGD) Citi Bank of Tokyo Mitsubishi (BTMU) Apple Bank BNP Paribas Clifford Chance

Lan Airlines has closed a $300 million export credit loan to finance five Airbus A320s and three A319s. The UK's Export Credits Guarantee Department (ECGD) is fronting the deal on...


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US Airways / 05-13 / Unsecured bond / - 22/05/2013
Borrower US Airways
Amount $m500
Use of Proceeds General corporate purposes
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Qantas / 05-13 / Request For Proposal / 6x787 22/05/2013
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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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