Spirit Aero, U.S. Export-Import Bank Launch $40M Program For Suppliers
Credit: Spirit Aerosystems
WASHINGTON—Leading Tier 1 supplier Spirit AeroSystems and the U.S. Export-Import Bank (Ex-Im) have inaugurated a new kind of federally backed, discounted-rate lending for aerospace suppliers—beginning with a $40 million transaction based on receivables from Spirit’s lower-tier providers. Ex-Im’s...
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