Finance

Nordic Aviation Capital closes $382 million term loan

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Nordic Aviation Capital closes $382 million term loan

Nordic Aviation Capital (NAC) closed a five-year $382 million non-recourse term loan facility. The facility will be used to refinance a portfolio of 21 aircraft. The term loan, which consists of a mix of narrowbody and turboprop aircraft, will free up $650 million of capacity in its warehouse facil...

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