February 2, 2015

Nordic Aviation Capital A/S closes debt facility totalling US$300m

Nordic Aviation Capital A/S (NAC), the global leader in turboprop leasing, has closed a landmark US$300m debt facility. The company will use the proceeds to part finance the acquisition of turboprop and regional jet aircraft, which will then be leased to airline partners around the world. Søren M. Overgaard, CFO, added: “This facility, which has unique aspects regarding the assets that can be placed in the portfolio, allows NAC the opportunity to better service our growing client base with the right product for their fleets in a timely manner.”

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