$8 Billion deal for Bombardier

Nationwide Capital Group Corp recieved information on the great credit deal that Bombardier got from china. Canada’s Bombardier, is an aircraft maker and the third largest in the world. They recieved a $8 billion finance deal from a Chinese leading firm. ICBC in China is a lending leasing company, as well, one of the largest banks in the world is their major shareholder i - ICBC (Industrial Commercial Bank of Canada).

The deal informs that ICBS Leasing will be providing advance payment financing, delivery financing and leasing solutions for various commercial and business aircraft. The deal is for transactions both domestic and international. ICBC will be providing Bombardier and associates in the area production and services. As well, they will provide through ICBC affiliates, lodging and settlement services and credit facilities.

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