Dassault offers Malaysia 10-yr bank loan to fund Rafale purchase

7:42:00 PM
LANGKAWI, -- France's Dassault Aviation has offered Malaysia a 10-year bank loan to support a purchase of the company's Rafale fighter jet, Malaysian state news agency Bernama reported on 18 March.

Citing Dassault's chief executive officer Eric Tappier, Bernama reported that the package is similar to the one offered to Egypt, which in February ordered 24 Rafale fighters for a reported EUR5 billion (USD5.7 billion).

Tappier, who was speaking at the LIMA 2015 exhibition in Langkawi, said the repayment package offered to Malaysia features a 10-year loan provided by an unspecified French commercial bank and guaranteed by the government of France.

Dassault is offering the Rafale to meet the Royal Malaysian Air Force's (RMAF's) severely delayed programme to procure a Multirole Combat Aircraft (MRCA).

A Dassault Rafale of the French Air Force multirole fighter aircraft.


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