Etihad approaches banks for over $500m for Boeing deliveries: sources
Abu Dhabi’s Etihad Airways has approached banks to raise over $500m to finance four Boeing 787 Dreamliners it previously ordered, two sources familiar with the matter said. The state carrier sent a request for proposals to banks last week for the financing, which is likely to be provided through bilateral loans or loans involving a small club of lenders, they said. Etihad declined to comment. It is common for airlines to approach banks to help finance aircraft deliveries. Loans for 787s generally have a maturity of 12 years, the sources said, adding that the financing would likely be provided by Abu Dhabi banks.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-02-07/eap/etihad-approaches-banks-for-over-500m-for-boeing-deliveries-sources
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Etihad approaches banks for over $500m for Boeing deliveries: sources
Abu Dhabi’s Etihad Airways has approached banks to raise over $500m to finance four Boeing 787 Dreamliners it previously ordered, two sources familiar with the matter said. The state carrier sent a request for proposals to banks last week for the financing, which is likely to be provided through bilateral loans or loans involving a small club of lenders, they said. Etihad declined to comment. It is common for airlines to approach banks to help finance aircraft deliveries. Loans for 787s generally have a maturity of 12 years, the sources said, adding that the financing would likely be provided by Abu Dhabi banks.<br/>
