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Emirates secures $396m for two widebodies
11 January 2012
The airline closed two separate financings for one A380 and one 777-300ER.
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Emirates
Airbus A380
finance lease
Coface
JP Morgan
SNR Denton
Allen & Overy
Boeing 777-300ER
Credit-Agricole
Emirates has closed financing for two widebodies which delivered in December 2011.
The Dubai carrier financed one Airbus A380 with a 12-year finance lease guaranteed by Coface, France’s export credit agency. The deal is worth $233 million.
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