Aeromexico Gets Exim Funds

The Export-Import Bank of the United States (Ex-Im) has approved two final commitments for $171m in guaranteed peso-denominated loans to Aeromexico, it says. Proceeds will support the export to Aeromexico of passenger aircraft, as well as various goods and services to be provided by a variety of US exporters. The guaranteed lenders are Banamex and HSBC. It does not disclose further details. The transaction effectively triples Ex-Im support for Mexican aviation companies purchasing goods and services from US companies, the bank says. Earlier this month, Delta finalized a $65m investment in the Mexican carrier.