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Calyon scoops Vietnam Airlines mandate

01 September 2005

Read more: airline Calyon; Vietnam Airlines; CFM aircraft finance Export credit

Calyon has been mandated to arrange funding for all 10 of Vietnam Airlines' upcoming A321 deliveries, plus two spare engines to be supplied either by IAE or CFM. The aircraft are scheduled to deliver between March 2006 and December 2009.

Calyon is mandated to secure both European export credit agency financing and to supply the junior loan, which is being guaranteed...


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“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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