Ex-Im Provides $184 Million Bond Guarantee for Helicopter Exports to Irish Company
The Export-Import Bank is providing a $187.4 million capital-markets bond guarantee to finance helicopter exports to a Dublin aviation company, the largest financing of U.S. manufactured commercial helicopter exports in the Bank’s history, Ex-Im announced May 31. The bond will…
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finance the export of Sikorsky S-92 helicopters to the Milestone Aviation Group in Dublin. The helicopters will be manufactured at Sikorsky’s facilities in Stratford, Connecticut and Coatesville, Pennsylvania. The helicopters will operate in the United Kingdom, Norway and Brazil, Ex-Im said. The bond guarantee is also the first time Ex-Im has supported exports to a helicopter-leasing company.