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Gecas tightens spread on Ex-Im bond

11 March 2010

Gecas, the aircraft leasing subsidiary of GE, announces spread on Ex-Im bond launched earlier this week.

Read more: Gecas GE Goldman Sachs JPMorgan Credit Agricole Ex-Im Bond

Gecas has achieved a spread of mid-swaps plus 49 basis points for its $298 million Ex-Im bond, which launched Tuesday.

Goldman Sachs,...


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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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