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Vnesheconombank continues to be active in funding export supplies of Sukhoi Superjet 100 aircraft

16 june 2016 года
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In the course of the 20th St. Petersburg International Economic Forum, State Corporation ‘Bank for Development and Foreign Economic Affairs (Vnesheconombank)’, JSC Sukhoi Civil Aircraft and Superjet International S.p.A signed a Memorandum on Cooperation.

On behalf of Vnesheconombank the Memorandum was signed by Vnesheconombank First Deputy Chairman – Member of the Board Nikolay Tsekhomskyi, on behalf JSC Sukhoi Civil Aircraft – by President Ilya Tarasenko and on behalf of Superjet International S.p.A. – by Executive Director Nazario Cauceglia.


At present, Vnesheconombank continues to be active in funding export supplies of Sukhoi Superjet 100 passenger aircraft. In 2013 – 2016, the Bank participated in funding the supplies of 20 aircraft to Mexican airline ABC Aerolineas SA de C.V. as a member of international banks syndicate organized by Natixis. The project is being implemented with the use of a credit-leasing scheme and insurance coverage by such export-credit agencies as SACE, Coface and JSC EXIAR.

In 2015, the option on purchasing additional ten aircraft by Superjet International S.p.A. was transformed into a firm contract. These supplies are expected to be funded by a syndicate of banks with engaging export-credit agencies in 2016-2017.

Under the Memorandum the parties are to continue their cooperation as part of funding the supplies of the said ten aircraft customized by Superjet International S.p.A.

Under the Memorandum the parties are to explore the possibility of their further cooperation in the civil aviation sector and in maintaining long-term and mutually beneficial relations. In order to implement specific projects individual agreement are to be concluded.

Taking into account that Vnesheconombank is a key partner of Russia’s aviation industry in export contracts, the Memorandum’s implementation would help to promote exports of Russian aviation industry products, create conditions for enhancing and expanding partnership between Russian exporters and international importers of Russian-made aircraft.


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