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Insuring export business as bank

Airbus Guarantee

Product at a glance

An Airbus Guarantee is a guarantee on first demand covering the risk of bad debt losses (excluding the structure risk). Normally, the contractual set-up of the covered export transaction consists of a leasing contract, an isolated financial loan granted to a special-purpose company and covered by the guarantee and a subsequent finance lease to an airline or an operating lease company (asset based financing).

Target Group

  • German banks
  • Branch offices of foreign banks in Germany
  • Foreign banks

Payment term of the covered transactions

Medium/long-term (normally 12 years)

Special features

Cover of Airbus transactions is granted within the framework of international cooperation within the EU for the purpose of providing a uniform European solution for the cover of Airbus exports. For that, the export credit agencies involved, Coface (France), ECGD (UK) and Euler Hermes (Germany), and the supporting state authorities closely coordinate their activities.

An Airbus Guarantee can be supplemented with a Securitisation Guarantee for the KfW Refinancing Programme in order to generate liquidity by refinancing receivables covered by a state export credit guarantee with KfW.

Premium

Premium is calculated according to specific rules (details will be provided upon request)

For advice please contact

Mr Oliver Wendland
Phone: +49 (0) 40 / 88 34 - 90 44
Email: info(at)exportkreditgarantien.de

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