Wednesday, October 27, 2010

A breakthrough in Aircraft Financing in China: DVB finances ICBC's leasing portfolio of eight aircraft

DVB Bank and ICBC Financial Leasing (ICBCFL), a wholly-owned subsidiary of Industrial and Commercial Bank of China (ICBC), are pleased to announce the successful closing of a five-year USD162.8m term loan facility.

In September 2010, DVB - through its Singapore-based subsidiary DVB Group Merchant Bank (Asia) Ltd. - arranged and underwrote the portfolio financing of......

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