Embraer closes US$ 200 million EXIM credit facility with Citibank

Url: 
https://airlinergs.com/embraer-closes-us-200-million-credit-facility-in-the-us/

(ARGS, London, 9 March 2023) Embraer has closed a US$ 200 million credit facility to finance purchases from direct suppliers in the United States. This financing is being provided by Citibank and guaranteed by the Export-Import Bank of the United States (EXIM), the country’s official export credit agency. This credit facility with EXIM and Citibank will support Embraer’s efforts to diversify its credit operations in the aviation market worldwide, providing the company with additional financing options and improving its loan profile.

Country: 
Brazil
USA
ECAs: 
Export-Import Bank of the United States
Issue: 
Aircraft