Airline

Turkish Airlines finance two A321-200s using ECA-backed JOLCOs

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Turkish Airlines finance two A321-200s using ECA-backed JOLCOs

BNP Paribas is lease arranger, ECA debt arranger and facility agent of an ECA-backed Japanese Operating Lease with Call Option (JOLCO) for two A321-200s delivered in June and July 2013. This transaction features Japanese equity combined with a 12-year ECA loan provided by Sumitomo Mitsui Trust Bank,...

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