Syndication has been launched for the 12 year Term Loan Facility for ALAFCO. The purpose of the facility is to part-finance the acquisition of five new Boeing B737-800 aircraft leased to and operated by Turkish Airlines Inc.

ALAFCO was first launched in 1992 as a subsidiary venture of Kuwait Airways Corporation. In 1999, Kuwait Finance House (KFH) acquired a controlling stake of the company. ALAFCO’s main shareholders are Kuwait Finance House (53%) and Kuwait Airways (11%).

Recent Car:
• New face of 2011 Ford F 150 SVT Raptor
• New 2011 Dodge Durango SUV Review
• New 2011 Toyota Verso-S microvan Details
• New 2011 Lexus IS for European Market
• New Citroen DS4 premium compact Official Photos and Review
• New Lotus Evora S Revealed in Paris Auto Show 2010
• New 2011 Volkswagen Polo Saloon Sedan
• 2011 New Mitsubishi Montero Spec and Review
• New 2011 Honda Accord EPA Data and Pricing Released
• Photos and details of New Honda Jazz Hybrid 2011

This entry was posted on Sunday, August 13th, 2006 at 9:41 pm and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.