Regional aircraft lessor TrueNoord has secured a new five-year term loan with BavernLB. The financing, which includes an accordion feature, will support TrueNoord’s ongoing business growth funding new asset acquisitions and refinancing certain aircraft. Viktor Berta, BayernLB director of aviation and space added: “We are very pleased to grow our relationship with TrueNoord and look forward to further opportunities to support this valued client of our sector aviation and space.” The term loan sees TrueNoord reinforce its relationship with the Bavarian and German financier, following the announcement of its first provision of capital to the lessor in April 2023.

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