Banks closes bridge financing for Interjet

London
Source: Flightglobal.com
This story is sourced from Flightglobal.com

Interjet has secured a bridge facility that will finance the last two new Airbus A320s scheduled for delivery this year, according to banking sources.

The Mexican carrier received MSN 5358 last week and is expected to take delivery of MSN 5372 next month.

Both aircraft are being financed through a short-term facility provided by an unidentified US bank.

The aircraft could be refinanced later under an operating lease agreement, adds the sources.

In August, Interjet mandated Crédit Agricole Corporate & Investment Bank (CA-CIB) and Crédit Suisse to arrange an export credit agency guaranteed facility covering A320s equipped with CFM56-5B4/3 engines. The first aircraft, MSN 5163, delivered in June. The second, MSN 5221, closed in August.

CA-CIB, which was mandated as financial advisor for up to four aircraft of the type, was the ECA agent in the transaction.