17-Feb-2010 9:43 AM
Veling completes sale and leaseback transaction with Emirates for two B777-200s
Direct News Source
Veling Ltd, a Mauritius based aircraft leasing company, is pleased to announce the completion of a Sale & Leaseback transaction of two Boeing 777-200 aircraft (MSN 27247 & MSN 27248) to Emirates Airline. The transaction involved financing from a consortium of 3 African banks namely Nedbank Capital in South Africa, State Bank and Bank One in Mauritius, making this an “All African Deal”.
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