Royal Air Maroc | Commercial loan | 01-17 | 1x787-8 | Transaction | Airfinance Journal

Royal Air Maroc | Commercial loan | 01-17 | 1x787-8

Royal Air Maroc (RAM) has closed a commercial financing for one Boeing 787-8. The aircraft is financed by a Moroccan bank, which provided a Euro-denominated loan.

It was reported in September 2016 that the North African airline issued an request for proposal to fund 787-8s with United States Export-Import (Ex-Im) guarantee. However, Ex-Im bank is only able to guarantee financing of up to $10 million for aircraft because it only has two of five seats filled on its board.


Deal Categories

Regions:
Africa
Morocco
Tagged as:
Secured

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8