KfW IPEX-Bank is participating in the financing of two Airbus A330s for the Rwandan airline RwandAir. Working in conjunction with Deutsche Pfandbriefbank (PBB), the loan will be passed on to Eastern and Southern African Trade and Development Bank (TDB), RwandAir’s external lender. KfW IPEX-Bank is assuming a 51% share and will act as arranger, Hermes agent and security trustee. The bank-to-bank financing package for 85% of the total purchase price for both aircraft will enable the Rwandan airline to repay financing issued in September 2016. The transaction is protected by a 100% ECA guarantee, which is based on the guidelines
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