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AirNZ closes joint export credit deal and mandates JOL
01 December 2005
Air New Zealand (AirNZ) has closed an export credit financing for two 777-200ERs and a spare Rolls-Royce Trent 895 engine. BNP Paribas was sole mandated lead arranger.
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JOL
airline
Japanese operating lease
Export credit
operating lease
Air New Zealand
Air New Zealand (AirNZ) has closed an export credit financing for two 777-200ERs and a spare Rolls-Royce Trent 895 engine. BNP Paribas was sole mandated lead arranger.
The transaction is the first three-way aircraft financing between US Ex-Im Bank, the UK Export Credits Guarntee Department (ECGD), and Japan's Nippon Export and Investment Insurance (Nexi).
"The deal represents the first co-financing of a Boeing 777 aircraft in which Nexi has...
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