Airline

Air India secured $215 million six-year GIFT City loan to refinance 777-300ER

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Air India secured $215 million six-year GIFT City loan to refinance 777-300ER

Air India has closed a six-year $215 million loan through GIFT City. The loan, which was priced at SOFR plus 168 basis points, refinances an earlier financing agreement for one Boeing 777-300ER aircraft. The deal was arranged by Standard Chartered Bank in partnership with Bank of India. ...

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