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TrueNoord has closed the first tranche of a term financing facility with DVB bank and PK AirFinance covering four of the six Embraer E190 aircraft that it purchased from BOC Aviation in January.
The four aircraft are operated by AeroMexico and TUI (Jetairfly) Belgium, confirms the Amsterdam-based lessor.
Milbank acted for TrueNoord as lessor's counsel while Clifford Chance represented DVB Bank and PK AirFinance.
Airfinance Journal reported on 21 March that TrueNoord is also acquiring a pair of E190s from BOC Aviation with...