Veling, the Mauritius-based lessor, has closed a sale-leaseback of four Boeing 777-200ER aircraft leased to Emirates Airlines. “We are gratified, by the renewed trust and confidence from Emirates, in our ability to successfully close these transactions,” said Uday Nayak, chairman and Nirvan Veerasamy, managing director of Veling. “We also worked closely with three African banks and one European Bank in the financing of this deal namely; Nedbank Capital from South Africa, DVB London Office, Bank One and the Mauritius Commercial Bank both from Mauritius. Veling is proud to further develop its business relationships with such prestigious banks and to acknowledge

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