February 10, 2014
SuperJet International and PowerJet announce completion of first ever export credit financing for a Sukhoi Superjet 100
The first ever export credit financing package for the Sukhoi Superjet 100 was completed in December 2013 at delivery of the fourth out of twenty Sukhoi Superjet 100 (SSJ100) regional jets ordered by the Mexican airline Interjet. The aircraft was financed through a multilateral export credit guaranteed by Coface, SACE and VEB for the French, Italian and Russian partners, respectively. It represents one of the first financing transactions wholly guaranteed by Coface, the French export credit agency (ECA), for a regional aircraft. It is a first also for SACE acting as a direct guarantor for an aircraft with a 100% guarantee. At the same time, it is also a first for the Russian government, as VEB financed the Russian part in collaboration with the French and Italian export credit agencies and following OECD international rules for aircraft export credit financing.