Financial and Banking News
Bankers Trust Completes Bridge Financing for Gulf Air
Bankers Trust has completed a $180mn bridge financing facility to cover GulfAir's purchase of three Boeing 767 300R aircraft, which were delivered on 29November. The facility is for $180mn and is open ended. Bankers Trust iscurrently arranging a 12-year term loan for the airline, backed by the US ExportImport Bank. Bankers Trust was man- dated to finance the purchase...