A consortium of four banks including Citi, DVB Bank SE, Nord/LB and HSBC has closed financing on a new Boeing 747-8F with GEnx-2B67 engines for AirBridgeCargo Airlines, part of Volga Dnepr Group.
The banks jointly arranged a $122.5 million five-year finance lease facility.
DVB is the facility agent and security trustee in the transaction.
The aircraft, MSN 37669, was delivered on 2 December.
AirBridgeCargo now operates three 747-8Fs, two 747-200Fs, one 747-300SF and eight 747-400SFs.
The remaining two aircraft on order are planned for delivery in 2013. In addition, the Russian carrier has options for five more 747-8Fs.