04.02.2010 - Mubadala unit wins $130mln deals
From Khaleejtimes.com: Sanad Aero Solutions, the new company created by Abu Dhabi governmentís investment firm Mubadala Development Company, has won two initial contracts worth a combined $130 million. The new venture is set up to provide component and engine financing solutions to the aerospace sector. Aiming to deliver new capital for airlines and original equipment manufacturers (OEMs), Sanad was unveiled at the bi-annual Singapore Airshow. It will also finance a growing number of services from Mubadalaís maintenance, repair and overhaul (MRO) companies ó SR Technics and Abu Dhabi Aircraft Technologies (ADAT)..........................................Full Article: Source
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