Standard Chartered arranges $200m facility for Qatar

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Standard Chartered Bank acted as arranger and underwriter on a $200 million lease facility for Qatar Aviation Lease Company, which is owned by the Qatar government, according to Dow Jones Newswires.

The facility will be used to lease eight Airbus A320 aircraft, which will be operated by Qatar Airways.

Two of the aircraft were delivered to Qatar Airways in February with the remaining six to be delivered later this year.