Credit Agricole finalizes engine deal with GOL

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By admin July 2, 2014 14:31

Credit Agricole finalizes engine deal with GOL

Credit Agricole Corporate and Investment Bank has closed a US$68 million financing deal with GOL Linhas Aéreas Inteligentes for 12 spare CFM56-7B engines.

The financing is over a seven-year period. The deal is part of GOL’s stated strategy of maintaining liquidity and reducing the cost of the company’s debt. Credit Agricole acted as the sole underwriter and arranger.

admin
By admin July 2, 2014 14:31
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