Financial and Banking News
Bankers Trust Completes Financing for Gulf Air's Boeings
The financing of Gulf Air's purchase of three Boeing 767 300R aircraft wascompleted on 21 March with the signing of a $179mn facility provided to theairline by the US finance company Pefco. The financing was arranged by BankersTrust, which took over the mandate from Manama-based Faysal Islamic Bank inNovember. The loan to Gulf Air is for 12 years with fixed interest....