KfW IPEX-Bank closes commercial financing for the first of two new Airbus A330s to Cathay Pacific

KfW IPEX-Bank is working with Cathay Pacific on the financing of two new Airbus A330-300 aircraft. Closing and delivery of the first aircraft took place on July 25th 2014 with the second aircraft to follow in September. The bank is acting as arranger, agent and security trustee of the 10-year loan.

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.