Financial and Banking News
Loans & Issues
Bankers Trust Replaces Faysal Islamic as Arranger for Boeing Loan
Gulf Air has mandated Bankers Trust to arrange $185mn in finance to purchasethree Boeing 767 300R aircraft, replacing Manama-based Faysal Islamic Bank (FIB)which had been mandated in July to arrange a $370mn lease to cover the purchaseof six 767s. The Bankers' deal will carry a guarantee from the US Export Import(Exim) Bank. The change was announced by...