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Citibank closes $310 million PDP financing for GOL

01 December 2007

Read more: GOL PDP 737-800 Calyon Citigroup Ex-Im Bank Boeing

Brazil's low-cost airline GOL concluded a predelivery payment (PDP) loan facility of $310 million for 21 737-800 Next Generation aircraft to be delivered in 2008 and 2009.

Calyon and Citigroup led the clubbed financing, which comprised of eight banks and closed in October.

GOL will take delivery...


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