Dentons has advised Chorus Aviation Capital, a wholly-owned subsidiary of Canada-headquartered Chorus Aviation, on a US $300 million committed, revolving credit facility to be used to finance future aircraft acquisitions for its regional aircraft leasing business. Established in 2017, Chorus Aviation Capital’s current portfolio consists of 34 aircraft valued at $750 million. It is focused on building a portfolio of new and mid-life regional aircraft, while leveraging the synergies inherent within its sister companies to provide a full suite of regional aviation services. It currently has relationships with 12 regional airlines based in 12 countries. The facility is led by
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