PAL unveils a $1bn aircraft acquisition plan as Chinese airlines sink, leading to Air China share suspension
27th April 2012
Early last week this news service revealed that Element Financial was preparing an aircraft asset backed securitisation. More details have emerged this week in two presale reports from Standard & Poor’s and Fitch Ratings. The $1.210bn three tranched deal, ECAF I Ltd, secures a pool of 49 aircr...
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