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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Mubadala extends its range with latest financing accord

Posted on 13 January 2010

From Thenational.ae: Mubadala Development, the investment arm of the Abu Dhabi Government, has entered the aviation components financing sector with a US$100 million (Dh367m) deal with Air Berlin.

Mubadala will provide financing for the purchase of 12 spare engines for the German carrier, it confirmed yesterday. The arrangement was tied to a 10-year engine-servicing contract between Air Berlin and SR Technics, an aircraft maintenance, repair and overhaul (MRO) firm based in Switzerland that is controlled by Mubadala……………………………………Full Article: Source


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