newstodate.aero
Sep 03, 2024 (newstodate): The Danish aircraft lessor with HQ in Ireland, Nordic Aviation Capital has bolstered its financial situation with a new loan facility.
The company has thus closed a $382m, five-year, non-recourse term loan facility earmarked for refinancing a portfolio of twenty-one aircraft comprising a mix of narrow-body and turboprop aircraft.
The term loan will free up $650 million of capacity in its warehouse facility to fund volume targets into 2025.