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Embraer announced today that it has completed a US$100 million lending operation to fund Embraer’s UK consumables purchases. The loan was granted by JP Morgan Chase Bank, NA, London Branch (“JPMorgan”) and guaranteed by UK Export Finance, a UK government agency focused on financing local exports. It is the first time UK Export Finance has been involved in an operation with Embraer.
The loan deal between UK Export Finance, JP Morgan and Embraer will bring a number of benefits to the company such as: B. Lending business diversification, in addition to more competitive interest rates and terms for Embraer’s credit profile.
“The diversification of our lending business is very important in all regions of the world where Embraer operates. We are always looking for ways to improve our debt profile and this is another step in that direction,” said Antonio Carlos Garcia, Embraer’s CFO.
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Managing Director MBA in Finance from FGVSP, he has been involved in aviation and aviation marketing issues for two decades. Great international experience and extensive experience in data analytics.