Azul gets $250 million financing for six Embraer jets

AIRFINANCE JOURNAL ARTICLE – PAID SUBSCRIPTION REQUIRED FOR FULL ACCESS
Azul Linhas Aereas Brasileiras has secured financing totalling about $250 million, for six Embraer 195 jets. Brazil’s development bank, BNDES, was senior lender, while Seguradora Brasileira Crédito à Exportação (SBCE), Brazil’s export credit agency guaranteed the financing. Santander was sole lead arranger and......

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