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Egypt Air closes $370m ECA loan

11 January 2012

The Egyptian carrier secured funding for three A330s in the fourth quarter of 2011.

Read more: Egypt Air export credit loan Airbus A330-300 Export Credits Guarantee Department (ECGD) export credit agency (ECA)

Egypt Air has closed a $370 million export credit loan to finance three Airbus...


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Atlas Air / 05-13 / Ex-Im Guaranteed Bond / 1x747 23/05/2013
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SA Airlink / 05-13 / Airc. Secured Loan / 5xAirc 23/05/2013
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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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