MARCH 24TH, 2015
KfW IPEX-Bank finances B787-9 for Avolon
KfW IPEX-Bank has successfully closed financing of a new B787-9 aircraft for Irish aircraft lessor Avolon. It is acting thereby as Lender, Arranger, Facility Agent and Security Trustee. The aircraft with serial number MSN 37969 operates under a long-term Operating Lease Agreement with Virgin Atlantic Airways.
About KfW IPEX-Bank GmbH
Within the KfW Group, KfW IPEX-Bank is responsible for international project and export finance. Its function of providing financing to boost the German and European economy is derived from the legal mandate assigned to KfW. It offers medium- and long-term financing to support key export industries, to develop economic and social infrastructure and to fund environmental and climate protection projects. KfW IPEX-Bank operates as a legally independent group subsidiary and plays a major role in fulfilling KfW’s promotional mission. It is represented in the most important economic and financial centres across the globe.