Finance

Ethiopian Airlines closes first JOLCO in West Africa

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Ethiopian Airlines closes first JOLCO in West Africa

On May 18, Ethiopian Airlines closed a Japanese Operating Lease with Call Option (JOLCO) to  finance one A350, which was newly-delivered to the airline. Crédit Agricole CIB acted as overall arranger and facility agent. BRED Banque Populaire, Crédit Agricle CIB, PK AirFinance were co-Lenders. PK A...

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