Embraer lands SkyWest deal

Embraer lands SkyWest deal

Debt Corporate & Sovereign Strategy Loans Economy & Policy Structured Finance Brazil US Latin America

Brazilian aircraft manufacturer Embraer has tapped a BRL450 million ($82.3 million) credit line offered by national development bank BNDES to sign an agreement to supply four E175 aircraft to US airline SkyWest Airlines. BNDES provided the loan through its Exim Post-Shipment credit line backed by credit insurance from the Aircraft Finance Insurance Consortium (AFIC), the development bank said in a press release on Monday. The loan is the first to be provided through the credit line and the first

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