Germany’s Deutsche Bank and Italy’s Intesa Sanpaolo are the co-arrangers and underwriters of export credit agencies-backed facilities covering Sukhoi Superjet 100s for Mexican carrier Interjet.
French bank Natixis acted as mandated lead arranger and global facility agent in the transaction along with Russian state-owned bank Vnesheconombank.
Natixis says the financing is innovative: “It marks the first time France, Italy and the Russian Federation have joined forces on an export credit operation, respectively through Coface, SACE and Simest, and Vnesheconombank. It is also one of the first transactions for a regional aircraft benefiting from a 100% guarantee from Coface, and the first aircraft financing arrangement to have benefited from a 100% SACE guarantee where SACE acts as direct guarantor.”
Interjet operates four Superjet 100s. Its backlog includes 16 more aircraft with deliveries scheduled through January 2015, Flightglobal’s Ascend Online database shows.