Ex-Im to rule 3 May on ACG's guarantee request

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

The US Export-Import Bank of the United States will decide on 3 May whether to approve Aviation Capital Group (ACG)'s request for financial guarantees to support Boeing aircraft with CFM International engines.

The request is currently pending US Congressional review, according to the export credit agency.

If approved, Bank of Tokyo Mitsubishi will provide funds for the 12-year financing.