This is a $100 million Musyarakah-based Islamic financing facility from Bank Internasional Indonesia (BII), through its Maybank subsidiary. The financing has a tenor of three years and the parties claim it is the largest bilateral Islamic financing undertaken in Indonesia, according to a joint statement. The finance will be used to fund the airline's operations and expansion plans.
Garuda Indonesia | Islamic loan | 05-14 | $100m | Transaction | Airfinance Journal
Garuda Indonesia | Islamic loan | 05-14 | $100m
- Deal No: 3163
Garuda Indonesia | Islamic loan | 05-14 | $100m
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Leasing Roles
Company Name | Role |
---|---|
Dummy Aviation Company | Lessor |
Dummy Airlines | Lessee |
Lawyers
Company Name | Client |
---|---|
Dummy & Partners | Advisor |
Dummy Company | Advisor |
Another Dummy Company | Advisor |
Dummy Legal & Lawyer | Advisor |
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Sign up for a free trialDeal Categories
- Regions:
- Southeast Asia
- Indonesia
- Tagged as:
- Islamic
Structure
- Product category:
- Other
- Product type:
- Aircraft purchase
- Structure
- Aircraft Purchase
- Use of proceeds
- Aircraft Purchase
Deal Categories
- Regions:
- North America
- United States
- Tagged as:
- Secured
- G8