VOL. XLVI

No 50

15-December-2003

REGIONAL BANKING

ABC Finances $75Mn Ex-Im Backed Aircraft Purchases For Gulfstream Aerospace

Arab Banking Corporation (ABC) is financing a $75mn aircraft purchase for Gulfstream Aerospace, a wholly-owned subsidiary of General Dynamics and Saudi Arabias National Air Services (NAS). The financing for the three large-cabin, mid-range Gulfstream G300 aircraft will be backed by the Export-Import Bank (Ex-Im) of the US. This is the first time NAS has been backed by...