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China Eastern looks for commercial debt

29 March 2012

The Chinese airline has less appetite for ECA financing this year.

Read more: China Eastern Airlines ECA commercial debt

China Eastern Airlines is no longer actively seeking export credit agency (ECA) financing for deliveries this year, according to two financiers.

"They'd prefer to deal with a Chinese bank, or perhaps a foreign commercial...


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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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