Aviation News Item: 01469

24th Nov 2009

Source: fly-corporate.com

Al Jaber Aviation (AJA) has closed the financing for two Embraer Legacy 600 private jets.

The company sealed the club deal with the participation of three banks: Al Hilal Bank P.J.S.C as security trustee, security agent and investment manager; National Bank of Abu Dhabi P.J.S.C as book runner and BNP Paribas as arranger.

The financing package extended a 10-year tenure to finance the purchase price of the aircraft, which have been delivered already to AJA.

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