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Coface guarantee to cover all French aircraft

12 February 2013

The French Parliament has extended the remit of Coface’s French state-backed guarantee to cover the export credit financing of French aircraft.

Read more: Coface guarantee France aircraft French Parliament export credit financing Airbus ATR Dassault Falcon

The French Parliament has passed a long-awaited law extending the remit of the French state-backed guarantee offered by Coface, France’s export credit agency, to cover the export credit financing of aircraft with French content.

Coface was previously only permitted to grant its 100% financial guarantee backed by the guarantee of the French State to Airbus financings. The new law will come into effect when the implementation decree is issued – expected by the end of March 2013.

The law...

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