CA-CIB and Apple Bank arrange Ex-Im loan for KLM

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

Crédit Agricole-CIB (CA-CIB) and Apple Bank for Savings closed the financing of a new Boeing 777-300ER delivery for KLM Royal Dutch Airlines.

The aircraft, MSN 35947, was delivered on 19 July 2012.

The french bank arranged a 12-year enhanced finance lease combined with a US Export-Import (Ex-Im) loan to finance the 777-300ER.

The Ex-Im loan was jointly arranged by Apple Bank for Savings and CA-CIB. Apple Bank acts as Ex-Im guaranteed loan agent.