Tag: loan

Pegasus Airlines converts JOLCO transactions into sustainability-linked loan structure

Pegasus Airlines has announced another significant milestone in its sustainability journey. With the support of SMBC Group acting as Sustainability Coordinator and Original Lender, Pegasus has successfully converted three Japanese Operating Lease with Call Options (JOLCO) transactions into a Sust...

African Development Bank commits over $23 million to Rwanda’s new Aviation Centre of Excellence

The Board of Directors of the African Development Bank Group has approved a $23.6 million loan for the construction and equipment of a new aviation training facility in the Rwandan capital, Kigali. The proposed Centre of Excellence for Aviation Skills (CEAS), including an aircraft hangar, will pa...

Luton Airport loaned £119m by council as pandemic measure

By BBC A council is to loan a further £119m to the airport it owns to help it recover from the coronavirus pandemic. Labour-run Luton Borough Council agreed on the support package for Luton Airport at a meeting on Monday. Andy Malcolm, portfolio holder for finance, ...

Azul Receives Loan Proposal from BNDES

Azul S.A. announces that it received a funding proposal from the Brazilian Development Bank (“BNDESPAR”) and a bank syndicate ("Banks"), subject to final approvals, in connection with an emergency program created to support sectors affected by the COVID-19 pandemic. The Proposal foresees a publ...

DAE signs new US$300 million 4-year unsecured term loan

Dubai Aerospace Enterprise (DAE) Ltd. announced today that it has signed a US$300 million 4-year unsecured term loan with China Construction Bank (DIFC Branch) and China Construction Bank (Asia) Corporation Limited. The principal amount of the loan can be increased to $500 million. The loan will ...

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