Ex-Im Bank Approves Financing for Sale of American-Made Helicopters for Use in Colombia’s Offshore Oil and Gas Industry

Transaction will support an estimated 200 aerospace-related jobs in Pennsylvania

Washington, D.C. – The Export-Import Bank of the United States (Ex-Im Bank) has approved a $22.4 million loan guarantee to finance the export of U.S.-made AgustaWestland AW139 helicopters to North Pole Investments in Panama for leasing and use in Colombia's offshore oil and gas industry. The lender is Apple Bank for Savings of New York, N.Y.

According to Ex-Im Bank estimates derived from Departments of Commerce and Labor data and methodology, the Bank's financing will support an estimated 200 jobs at AgustaWestland's manufacturing and operations facility in Philadelphia, Pa., and in the company's U.S. supply chain.