October 11, 2018 |
Colombian airline Avianca has closed a $100m, export credit agency (ECA) backed loan to help it pay for a recently-delivered Boeing 787-8 aircraft.
ING Capital structured the transaction and was also the initial lender while UK Export Finance (UKEF) provided the ECA guarantee. Sumitomo Mitsui Finance and Leasing (SMFL) provided equity for the loan.
The transaction was structured as a Japanese operating lease that comes with a call option, ING said in an emailed statement. The Dutch bank also sai
Local airline nets $100m from ING Capital after receiving a new Boeing 787-8 aircraft