State Transport Leasing Company to Borrow RUB 30 Billion to Buy SSJ-100 Jets

Gazprombank (GPB), with the participation of Russian Regional Development Bank (RRDB) and Industrial and Commercial Bank of China (ICBC), is arranging a syndicated loan of RUB 30 billion to finance the State Transport Leasing Company’s (STLC) program to acquire 32 Sukhoi SuperJet 100 airliners. STLC is implementing a program to develop leasing of SSJ-100 airliners on orders from the Russian government, with the support of the Transport Ministry and the Industry and Trade Ministry. GPB has been appointed as the authorized organizer of the syndicated loan.