NAC | ECA loan | 12-13 | $100m | 5xATR72-600 | Transaction | Airfinance Journal

NAC | ECA loan | 12-13 | $100m | 5xATR72-600

Danish lessor Nordic Aviation Capital (NAC) has closed a financing deal to fund the delivery of one new ATR72-600.

KfW Ipex-Bank acted as arranged and sole lender on the $100 million transaction, part of which was used to fund the ATR72-600 delivery.

The financing was guaranteed by Coface and Sace.

The ATR72-600 is placed on operating lease to Azul.

The transaction marks one of the first 100% Coface/Sace guaranteed financings for an ATR aircraft, since the introduction of extended cover in 2013.


Deal Categories

Regions:
Latin America
Brazil
Tagged as:
Secured
BRICS

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8