NEW YORK - Chase Manhattan Bank has it received a mandate from China South Airlines to arrange a $290 million financing for the purchase from Boeing Co. of two B777-21B and one B737-300 aircraft, for delivery in November and December.

The financing has three tranches: $190 guaranteed by the Export-Import Bank, $36 million guaranteed by Industrial and Commercial Bank of China, and $64 million in Japanese equity.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.