UK Export Finance, the UK’s export credit agency, has supported a £89million loan to Embraer. The deal will help Embraer access critical parts, components and technology from UK suppliers that will enhance its commercial and defence aircraft programmes. This is a part of broader initiatives by both nations to strengthen trade ties and is hoped will promote future collaboration between UK suppliers and Brazilian manufacturers in aerospace. UKEF provided support by acting as guarantor to the lender, JP Morgan Chase Bank, London Branch (JPMorgan), ensuring Embraer benefits from flexible repayment terms. Samir Parkash, interim CEO of UKEF said: “Now, with
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