Ex-Im Bank Tops $1 Billion in Financing for American Business Aircraft and Helicopters

Bank Approves $300 Million for Export of Gulfstream Aircraft to China, Supports 2,100 U.S.  jobs

Washington, D.C. – Today the Export-Import Bank of the United States (Ex-Im Bank) announced it has topped $1 billion in support of American-made business-aircraft and helicopter financings since the beginning of FY 2012.

In a deal that drove recent business-aircraft and helicopter financings over the $1 billion mark and supported approximately 2,100 American jobs, the Bank’s board approved a guarantee of a $300 million loan extended by Apple Bank for Savings to Minsheng Financial Leasing Company Ltd. of Tianjin, China, last December to finance the purchase of eight aircraft manufactured by Gulfstream Aerospace Corporation of Savannah, Ga.

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