The board of the Export-Import Bank of the United States (Ex-Im Bank) has agreed to guarantee a $500million loan from Apple Bank to OJSC VEB Leasing (VEBL) to fund a fleet of 777 aircraft to be operated by Aeroflot Russian Airlines. The first aircraft delivered earlier this month. “The transaction showcases once again the wealth of opportunities for U.S. exporters in Russia,” said Ex-Im Bank Chairman and President Fred P. Hochberg. “Moreover, the aircraft sale will support thousands of high-paying American jobs and provide Aeroflot with a top-of-the-line product.” VEBL, a subsidiary and leasing arm of the state-owned Vnesheconombank Group

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