NAC secures $300m financing

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By admin February 2, 2015 20:16

NAC secures $300m financing

Nordic Aviation Capital (NAC) has secured $300 million in financing to fund deliveries of the 75 ATR 42-600 aircraft it ordered at the Farnborough Airshow in July last year. Deliveries will begin this year through to 2020.

The $300 million deal was led by Deutsche Bank, while Deutsche and Citibank were mandated lead arrangers.

Meanwhile, NAC confirmed that it has purchased the first of seven CRJ 900s (MSN 15204) from Strategic Air Finance.
Nordic Aviation Capital A/S is a global aircraft leasing company dedicated to the worldwide sale, purchasing and financing of commercial jet and turboprop aircraft. NAC is the largest turboprop lessor in the world.

admin
By admin February 2, 2015 20:16