Indigo Signs $328 Million Finance Deal with Citi for 8 Airbus Aircraft Buys

Citi signs $328 million financing deal with IndiGo for eight Airbus aircraft

Citi secures a $328 million financing deal with IndiGo for eight Airbus aircraft, marking the first ECA-backed aircraft financing through GIFT IFSC, supporting IndiGo’s fleet growth amid regional flight suspensions.

Citi and Credendo close $328 million deal to finance IndiGo’s 8 Airbus jets

The financing covers six Airbus A321 and two A320. Citi acted as the sole mandated arranger, ECA coordinator and sole lender, while Credendo provided credit insurance.

IndiGo clinches $328 million deal with Citi, Belgium's Credendo for eight Airbus aircraft

The transaction highlights the role of innovative international capital and export credit support in meeting the financing needs of India's growing aviation sector.

Indigo signs $328 million finance deal with Citi for 8 Airbus aircraft buys

Indigo has entered into a USD 328 million financing agreement with Citi for purchasing eight Airbus planes. This marks the first aviation financing deal insured by the Belgian export credit agency Credendo. The transaction will support the growth of Indigo's fleet and network through long-term funding. Citi acted as the sole arranger for this innovative financing solution.

Citi and Credendo close $328 million financing for 8 IndiGo aircraft

Transaction marks first Credendo-insured aviation financing globally and first ECA-backed deal through GIFT IFSC structure

Citi and Credendo to finance eight IndiGo Airbus aircraft

Citi and Credendo have finalised a US$328 million financing agreement covering eight Airbus aircraft for IndiGo, comprising six A321s and two A320s. Citi served as Sole Mandated Arranger, ECA Coordinator and Sole Lender for the transaction, which is supported by credit insurance provided by Credendo. Arranged through IndiGo’s subsidiary, InterGlobe Aviation Financial Services IFSC Private […]