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First Ex-Im bond for Gecas

09 March 2010

GE's aircraft leasing company, Gecas, launches an Ex-Im bond to refinance five Boeing aircraft.

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

Gecas has launched a $298 million Ex-Im bond today to finance five aircraft.  The 12-year...


Quote

“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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