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Avation PLC closes ATR financing

03 August 2012

The turboprop has been financed under an export credit agency (ECA) guaranteed loan.

Read more: Coface Sace CA-CIB KfW Ipex Skywest Virgin Australia ECA

Avation PLC has closed an export credit agency (ECA) backed financing today for one ATR72-600.

The aircraft will be leased...


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Avolon / 06-13 / Aircraft Sec. Loan / 1x737 14/06/2013
Borrower AVOLON
Overall Arrangers Natixis
Assets 737-800
malaysia Airlines / 06-13 / JOL / 2x737 11/06/2013
Borrower Malaysia Airlines
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Volaris / 06-13 / IPO / - 11/06/2013
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Amount $m400
Use of Proceeds General corporate purposes

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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