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Korean Airlines mandates 777-200ER financing

01 November 2007

Read more: Korean Airlines 777-200ERs

Korean Airlines has mandated nine banks to provide a $317 million financing for two 777-200ERs that are part of the carrier's plan to replace its older aircraft.

The banks are BNP Paribas, DBS Bank, HSH Nordbank, Industrial Bank of Korea, Industrial and Commercial Bank of China,...


Quote

“At the current pricing it will become attractive again to issue Ex-Im-guaranteed bonds. This will help stabilize and drive pricing down from where it is now.”

Kostya Zolotusky, managing director, capital markets, Boeing Capital, says about the price of export credit.

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