Dubai-based Emirates airline is seeking to raise $2.5 billion to fund the purchase of Airbus Group SE A380 superjumbos, said a report.

The carrier is planning an 18-month bridge loan priced at about 135 basis points over the London Interbank Offered Rate, Bloomberg reported, citing two anonymous sources.

The bridge facility will later be converted to a 12-year loan to fund about 10 A380s, which will be delivered before the year end.

The airline is seeking short-term financing due to the lack of funding from the European export credit agency, although that is expected to become available over the next six to 12 months, the report said. ECA-backed funding will replace the bridge facility when it’s available and some of the lenders will be repaid, it said.

Emirates, which has built Dubai as a hub for transcontinental traffic from the US and Europe to Asia, will take delivery of 21 A380s in the fiscal year through March 2017. The funding for the planes is for a combination of operating and financial leases, said the report.