March 23, 2015
Nordic Aviation Capital A/S increases Debt Facility from US$300m to US$400m
Nordic Aviation Capital A/S (NAC) has increased the Debt facility it signed in January 2015 to US$400m. 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. The US$400m facility was led by Deutsche Bank as sole structuring agent and Deutsche Bank and Citibank as Global Book Runners. The Mandated Lead Arrangers included Crédit Agricole Corporate and Investment Bank, Bank of America Merrill Lynch, DVB Bank, BNP Paribas and Everbank Commercial Finance, Inc.