JP MORGAN TO PROVIDE LOAN FACILITY TO BIMAN BANGLADESH AIRLINES

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP August 9, 2011 08:49

JP MORGAN TO PROVIDE LOAN FACILITY TO BIMAN BANGLADESH AIRLINES

Biman Bangladesh Airlines has received a $277 million 12-year loan facility from JP Morgan, guaranteed by the US Export-Import Bank, to purchase two new Boeing aircraft to service its expanding domestic and international route network.

“As this dynamic region continues to grow and develop, we are seeing a surge in interest from clients across all sectors seeking structured trade finance solutions,” said Adeline Kow, head of export finance advisory for Asia-Pacific at JP Morgan treasury services. “Many companies, particularly those based in emerging and frontier markets are aggressively expanding their business and seeking cost effective, large-scale funding to facilitate their strategic growth plans.”

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP August 9, 2011 08:49
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Ffinance%2Fjp-morgan-to-provide-loan-facility-to-biman-bangladesh-airlines%2F"> registered </a> users can comment.