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DVB closes loan for CR Airways regional jets

01 September 2005

Read more: Airways RJ CRJ Bombardier airline; CR Airways; DVB Group Merchant Bank Asia

DVB Group Merchant Bank Asia has closed a financing for the first two Bombardier-manufactured CRJ-700 aircraft being delivered to Hong Kong-based CR Airways. The commercial debt deal is structured as a 10-year finance lease.

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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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