Bank of China to finance two Airbuses for Lufthansa on lease basis
01-Apr-2008 |
Airline Code [DLH]
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Tags :Continental Europe, Lufthansa
(XFN-ASIA) Bank of China has signed agreements with Deutsche Lufthansa AG for the financing of two Airbus A330-300 aircraft under Japanese operating lease structures. BOC Aviation, a wholly owned subsidiary of the bank, acted as the debt arranger. The euro-denominated facilities of USD154 million are for a term of over 12 years. This is the first aircraft debt facility arranged for Lufthansa by a Chinese bank.
© Centre for Asia Pacific Aviation. Date posted: 01-Apr-08 |
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Bank of China to finance two Airbuses for Lufthansa on lease basis 
