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GE Capital launches breakthrough aircraft Islamic bond

16 November 2009

Gecas aircraft are backing the first ever aircraft Sukuk and the first Islamic bond by a US issuer.

Read more: [Gecas] [Sukuk] [Goldman Sachs] [Citi]

GE Capital has started roadshows for a breakthrough aircraft  Sukuk. It is the first time that aircraft have been used to back an Islamic bond and the first Sukuk by a US issuer. GE Capital...


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Indian banks have been very proactive recently, and this stems from a sense of inertia and mutual suspicion among foreign banks to lend to each other.

S Venkat, executive director, Air India, discussing the rise of Indian banks in domestic aircraft financing.