Ex-Im Bank supports B737 exports to Dubai

Markets

Thursday, October 11, 2012

The U.S. Export-Import Bank has authorized a $117.5 million loan guarantee supporting exports of Boeing 737-800 planes to flydubai, a low-cost airline owned by the Dubai government. The bank is guaranteeing a 12-year loan from the Private Export Funding Corp. It is the bank's first authorization supporting aircraft exports to flydubai. "This financing is a first for Ex-Im Bank for this successful new carrier in the Middle East, and this export is a great opportunity f...

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