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English news

15-Mar-2017

UNB finalises funding of Airbus A380 aircraft leased to Etihad

Union National Bank (UNB) completes 12-year aircraft financing term loan facility for the acquisition of an Airbus A380 aircraft by Baz Aircraft Leasing One, according to an e-mailed statement. UNB acted as mandated lead arranger. The aircraft is leased to Etihad Airways. (Bloomberg)

Union Natl. Bank (AD): QAR4.20 as of 14 Mar. 2017, Rating: Neutral, TP: QAR4.80/share, MCap: USD3,148mn, UNB UH/UNB.AD

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