Citi and Credendo to finance eight IndiGo Airbus aircraft
Citi and Credendo have finalised a US$328 million financing agreement covering eight Airbus aircraft for IndiGo, comprising six A321s and two A320s. Citi served as Sole Mandated Arranger, ECA Coordinator and Sole Lender for the transaction, which is supported by credit insurance provided by Credendo. Arranged through IndiGo’s subsidiary, InterGlobe Aviation Financial Services IFSC Private […]
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