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Indigo signs $328 mn finance deal with Citi to buy for 8 Airbus aircraft
Country's largest carrier Indigo has signed a USD 328 million financing deal with Citi to buy eight narrow-body planes to be manufactured by Airbus. This is the world's first aviation financing transaction insured by the Belgian export credit agency (ECA) Credendo, and the maiden ECA-backed aircraft financing structured through the GIFT IFSC, according to a statement. The financing will help Indigo procure six A321s and two A320s, it said. Global banking major Citi acted as sole mandated arrang…
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