Embraer has closed a $200 million credit facility, which will be used to fund purchases from US-based suppliers. The financing is being provided by Citibank and has been guaranteed by the Export-Import Bank of the United States (EXIM). “This credit facility with EXIM and Citibank will support Embraer’s efforts to diversify its credit operations in the aviation market worldwide, providing the company with additional financing options and improving its loan profile,” the Brazil-based manufacturer said in a statement. “This credit facility will help us to improve even more our debt profile and to strengthen our long-term relationship with American suppliers.

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