SMBC Aviation Capital has closed a $1 billion loan facility with the Japan Bank for International Cooperation (JBIC). The facility has a 10-year term and will be used to finance a proportion of SMBC Aviation Capital’s order book with Airbus and Boeing in the coming years. JBIC is a policy-based financial institution owned by the Japanese government which promotes the overseas development of strategically important Japanese owned enterprises. Commenting on the transaction, Barry Flannery, chief financial officer of SMBC Aviation Capital, said: “This transaction further expands our relationship with JBIC. This is a strong endorsement of SMBC Aviation Capital’s strategy and
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