Copying and distributing are prohibited without permission of the publisher
Air Canada closes $400 m regional deal
01 December 2005
Air Canada has financed 18 Embraer 190s, worth about $400 million, with a 15-year secured loan.
Read more:
airline
Embraer
RJ
Chapter 11
bankruptcy protection
Air Canada has financed 18 Embraer 190s, worth about $400 million, with a 15-year secured loan. RBS was lead arranger; DVB Bank and Halifax Bank of Scotland were co-arrangers. Embraer provided backstop financing. The three banks and Embraer financed 80% of the deal. The equity was provided internally by Air Canada. Bennett Jones advised Air Canada, and Vedder Price represented RBS.
The first two aircraft...
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.
