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Ryanair mandates pre-funded US Ex-Im bond
17 July 2012
Low cost carrier mandates banks for novel ECA financing structure.
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US Ex-Im
BNP Paribas
HSBC
Ryanair
pre-funded bonds
Ryanair has mandated BNP Paribas and Citi to arrange a $220 million US Ex-Im backed financing to fund the delivery of seven 737s.
The deal, which will have a 12-year tenor, will be one of the earliest deals to take advantage of new rules allowing US...
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