Copying and distributing are prohibited without permission of the publisher
Last post for export credit
01 November 2007
Read more:
Aircraft sector understanding
export credit
OECD.
There does not seem to be a lot of love for the new aircraft sector understanding (ASU), an agreement between the OECD countries that, for the first time, includes the manufacturing nations of Brazil and Canada and brings export credits more in line with commercial financings. For airlines it means increased premiums for export credit-guaranteed financings, which could more than double for the weak airline credits, and for lenders it means no more mismatch loans to help offset the low margins of export credit agency financing.
If there was ever a feeling that OECD governments were trying to get out of providing export credit financings, the ASU has gone a long...
Access to this content is denied because you are not logged in. Please login to view this content
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
Free trial
Taking a free trial will give you access to the current issue for two weeks (excluding
some surveys and articles). Start your free trial today.