El Al Eximbond issuance
By Dino D'Amore
El Al Israel Airlines plans to issue $94.55million in Eximbonds to finance the purchase of two 737-900s, which will deliver on March 25 and July.
The Eximbank guaranteed bonds will bear fixed interest rate of 2.623% and will be redeemed in 49 quarterly payments over 12 years.
By Dino D'Amore
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