AELF Completes $31 Million Financing With Absa Bank Group
Aircraft Engine Lease Finance, Inc ("AELF") announced today it has completed a $31 million loan with South Africa-based Absa Bank Group. The loan is collateralized by an A330-300 on lease to South African Airways which was recently acquired by AELF from a consortium of lenders including Deutsche Bank, Societe General and Credit Agricole."AELF is actively engaging financing partners around the world, significantly increasing its purchasing power...
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