Etihad seeks funding for more than $1 billion in Boeing deliveries: sources | Reuters

Etihad seeks funding for more than $1 billion in Boeing deliveries: sources | Reuters:

"Abu Dhabi’s Etihad Airways is seeking to raise debt to help finance upcoming deliveries of Boeing (BA.N) aircraft on order worth more than $1 billion, banking sources familiar with the matter said.

The state carrier sent requests for proposals to banks about a month ago for 12-year secured funding for the delivery of 787 Dreamliner aircraft and a cargo plane, the sources said.

Etihad, which declined to comment on the financing, has 51 787 Dreamliner jets on order, including 21 787-9s and 30 of the larger 787-10 variant, according to Boeing’s website. Its only cargo plane on order is a 777 Freighter.

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