Ryanair announces $1.6 bn aircraft financing agreement

Ryanair reported that it has awarded mandates to a syndicate of banks for approximately $1.6bn of financing for 55 aircraft delivering between November 2009 and October 2010. The syndicate of banks is comprised of BNP Paribas, Calyon, and Sumitomo Mitsui Banking Corporation. The banks have been mandated to act as joint arrangers for Ryanair