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5/26/09

Cessna Aircraft and Bell Helicopter Recieve $500 Million In Government Credit To Finance Aircraft Sales

Kansas.com reports that Cessna Aircraft and Bell Helicopters will receive $500 million in government credit to finance the sales of aircraft to international customers.


According to the story, Textron Financial Corp. was using private capital markets to finance sales till the contraction of the credit market. Now credit from the Export-Import Bank of the United States will permit Textron to continue offering financing.


Source: Kansas.com
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