VOL. XXXIX
No. 56
21-October-1996
UAE
Emirates Announces Financing For Third Boeing 777
Emirates, the airline wholly owned by the Government of Dubai, has announced the financing arrangements for the purchase of a third Boeing 777. The financing was led by Deutsche Morgan Grenfell and Emirates Bank International. The loan, worth $126mn over 12 years, is split between a Japanese leveraged lease element and a portion supported by the UK's Export Credit Guarantee Department. Mr. Dermot...
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