Intrepid Aviation | Commercial loan | 11-14 | $80m | 1xA330-300 | Transaction | Airfinance Journal

Intrepid Aviation | Commercial loan | 11-14 | $80m | 1xA330-300

MSN 1579

Intrepid Aviation entered into a secured credit agreement with Nord/LB, as lender for an $80.0 million loan to provide financing to acquire one Airbus A330-300 aircraft on lease to Sichuan Airlines. The loan matures on November 25, 2026. Principal and interest are payable quarterly at a fixed rate of 4.66% to a balloon payment of $15.0 million at loan maturity. 

 


Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8

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