Intrepid Finances One A330-300 with Credit Agricole CIB and CIC

STAMFORD, Conn.—(BUSINESS WIRE)—Intrepid Aviation today announced the financing of one Airbus A330-300 on lease to China Airlines. The aircraft was purchased with cash earlier this year. Credit Agricole CIB and CIC are the long-term lenders in this transaction.

“Credit Agricole CIB and CIC provided an attractive financing solution in the context of our long term funding strategy” says Oliver Geldner, Intrepid’s Vice President Corporate Finance in Dublin. “We are very thankful to have such experienced and reliable banks as our partners.”