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China Southern closes A330 financing

10 May 2012

The widebody is being funded by a French lease combined with ECA financing

Read more: China Southern Airlines ECA French lease KFW-Ipex CA-CIB

China Southern Airlines has closed a 12-year French lease combined with export credit agency (ECA) financing for...


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Atlas Air / 05-13 / Ex-Im Guaranteed Bond / 1x747 23/05/2013
Borrower Atlas Air
Amount $m143
Assets 747-8
Comair / 05-13 / PDP financing / 4x737 23/05/2013
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Overall Arrangers
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SA Airlink / 05-13 / Airc. Secured Loan / 5xAirc 23/05/2013
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Amount $m9.5
Assets ERJ 135

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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