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Tiger Airways gets PDP and ECA financing

18 March 2010

Standard Chartered Bank will arrange pre-delivery payments for six Airbus aircraft and export credit for a further seven aircraft.

Read more: Tiger Airways Standard Chartered Bank SCB Pre-delivery Payments Export Credit

Tiger Airways has mandated Standard Chartered Bank (SCB) to arrange pre-delivery payment (PDP) financing for six Airbus A320s to deliver by December 2011.
 

The low cost Asian airline has also mandated SCB as lead arranger for an export credit financing for...


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“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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