PANAMA CITY, May 7 /PRNewswire-FirstCall/ -- Copa Holdings (NYSE: CPA), parent company of Copa Airlines and Aero Republica, today announced that Citibank has been mandated to arrange the Ex-Im Bank guaranteed funding for five aircraft, two of which deliver in May 2010, for which financing has been approved by Ex-Im Bank, and for three additional aircraft that deliver later this year, for which Ex-Im Bank currently has offered a preliminary commitment.
The Facility, totaling US$185 million, includes 12-year financing terms at very competitive rates. The Facility will finance the remaining......
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