Finance

ING Closes Pre-Delivery Payment Financing for Ethiopian Airlines

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ING Closes Pre-Delivery Payment Financing for Ethiopian Airlines

ING Capital has closed a $107.5 million pre-delivery payment (PDP) financing for Ethiopian Airlines in respect of Airbus A350-900 aircraft. Ethiopian Airlines is using the PDP financing to finance a portion of the pre-delivery payments which it makes to Airbus prior to the delivery of each aircraft....

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