Europe

KfW IPEX-Bank finances 747 for Cargolux

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KfW IPEX-Bank finances 747 for Cargolux

[caption id="attachment_34612" align="alignleft" width="300"]Cargolux Boeing 747-8 Loading Cargolux Boeing 747-8 Loading[/caption]

Cargolux Airlines International, KfW IPEX-Bank and Helaba have closed a commercial financing facility on a new B747-8F aircraft, which was delivered on September 29.

KfW IPEX-Bank and Helaba are acting as senior lenders with KfW IPEX-Bank taking on the additional role as Facility Agent and Helaba as Security Trustee.