Project finance

Author: | Published: 1 Jul 2005

The German Ministry of Defence has entered into a private finance initiative (PFI) deal with a consortium of four defence industry manufacturers. The transaction concerns financing for flight simulators used to train army and navy pilots on the new Nato transport helicopter. Consortium members CAE, Eurocopter, Rheinmetall Defense Electronics and Thales have entered into an 18-year €488...