Wednesday, 6 February 2019

Etihad approaches banks for over $500 million for Boeing deliveries: sources | Reuters

Etihad approaches banks for over $500 million for Boeing deliveries: sources | Reuters:

Abu Dhabi’s Etihad Airways has approached banks to raise over $500 million to finance four Boeing 787 Dreamliners it previously ordered, two sources familiar with the matter said.

The state carrier sent a request for proposals to banks last week for the financing, which is likely to be provided through bilateral loans or loans involving a small club of lenders, they said.

 Etihad declined to comment.

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