Embraer Arranges $200 Million Credit Facility With Citibank
09 Março 2023 - 9:38AM
Dow Jones News
By Jeffrey T. Lewis
SÃO PAULO--Embraer SA said Thursday it arranged a credit
facility of $200 million to finance purchases from direct suppliers
in the U.S.
The financing will be provided by Citibank and guaranteed by the
Export-Import Bank of the U.S., the Brazilian aircraft maker said.
The arrangement is part of Embraer's efforts to diversify its
credit operations in the global aviation market, the company
said.
Embraer produces some of its executive jets at a facility in
Melbourne, Fla.
Write to Jeffrey T. Lewis at jeffrey.lewis@wsj.com
(END) Dow Jones Newswires
March 09, 2023 07:23 ET (12:23 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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