KfW IPEX-Bank closes 10-year loan on Cathay A330

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KfW IPEX-Bank has closed a commercial financing facility for a new Airbus A330-300 delivery to Cathay Pacific.

The German bank acted as the arranger, agent and security trustee for the 10-year loan.

The aircraft, MSN 1545, is the first under a two-aircraft mandate.

The second aircraft is due in September.