CA CIB closes ATR ECA financing with Investec

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

Crédit Agricole Corporate & Investment Banking (CA-CIB) closed the export credit agency (ECA) financing of two ATR72-500s leased by Investec International Lease to India's Jet Airways.

The financing was supported by Coface and Sace.

These two aircraft are part of batch of six ATR72-500s to be delivered before year end. All aircraft will be financed under a global ECA debt facility arranged by CA-CIB.

CA-CIB acted as ECA debt arranger and agent on this deal. Investec acted as lease arranger.