EXIM Board Authorizes Nearly $194 Million Loan Guarantee Supporting Aircraft Exports to Panama’s Copa Airlines
November 4, 2021
(Ex-Im Bank)
WASHINGTON – The Export-Import Bank of the
United States (EXIM) Board of Directors today
unanimously approved a final commitment to
guarantee an approximately $194 million loan
from Citibank and JPMorgan to Copa Airlines of
Panama to finance the purchase of Boeing 737
MAX 9 aircraft.
With the input of many small and medium-sized
business suppliers across the United States,
the aircraft are assembled and exported from
The Boeing Company’s facility in Renton,
Washington. The aircraft are powered by engines
manufactured by CFM International in
Cincinnati, Ohio. In total, the transaction is
estimated to support 1,100 American jobs.
“By approving this transaction, EXIM is proud
to support the more than one thousand American
workers – many of them at small businesses
– who contribute to the extensive aircraft
supply chain across the country,” said Acting
EXIM President and Chairman James Burrows.
“We remain committed to helping US companies
large and small compete around the world by
filling gaps in private-sector financing.”
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