Indigo has closed its first financing via India’s International Financial Services Centre (IFSC) of GIFT City. The India airline secured the aviation non-payment insurance (ANPI)-supported financing on one new A321neo with Credit Agricole Corporate & Investment Bank (CACIB). The transaction was structured through a dedicated aircraft leasing company, wholly owned by Indigo and incorporated in GIFT City. The aircraft is the first of a larger transaction arranged by CACIB, which covers four A321neo aircraft. The transaction was supported by an aviation non-payment insurance (ANPI) policy through the managing general agent (MGA) Itasca, which was jointly created and launched by Castlelake

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