Aeromexico Prices Ex-Im Backed Notes

Grupo Aeromexico has announced the pricing of a $195.8m offering of 2.3 per cent secured notes, which are due 2027.

Grupo Aeromexico has announced the pricing of a $195.8m offering of 2.3 per cent secured notes, which are due 2027.

The company will use the proceeds to refinance two 787-8 aircraft, which it took delivery of in December 2014 and February 2015.

The notes are guaranteed by the US Export-Import (Ex-Im) Bank.

It’s the second time that Aeromexico, Mexico’s largest airline, has funded part of its fleet through Ex-Im Bank-guaranteed bonds issued on international capital markets.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish