Tiger Airways seals aircraft loan ahead of Singapore IPO
Tiger Airways, the Singaporean low-cost airline, is set to seal its first export credit agency-backed financing this week as it prepares for its stock exchange listing.
Frances Coface is backing Tigers purchase of two new Airbus A320 aircraft in a deal arranged by mandated lead arranger Standard Chartered.
It is the first facility backed by Coface structured in Singapore dollars, although the payment for the planes will be made in US
The two aircraft
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