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DAE – ECA capital markets guarantee
26 March 2010
Tapping new liquidity for aircraft
Citi has a solid reputation for aircraft financing and a longstanding relationship with the Export-Import Bank of the United States (US Ex-Im), so it came as no surprise to see a number of ECA-backed aircraft finance transactions submitted this year. One deal in particular stood out – or rather one structure stood out.The Export-Import Bank of the United States (US Ex- Im) has been lauded for its innovative crisis response, and its capital markets guarantee programme made a significant impact in lowering the cost of borrowing for airlines around the world looking to...
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