Norwegian has secured debt to finance its recent mid-life 737-800 acquisitions.
The airline successfully closed of a ten-year senior secured debt facility to support the back-leverage of three mid-life 737-800 aircraft.
These aircraft acquisitions are expected to close in the third quarter of 2025, subject to customary closing conditions.
The company said this transaction will enhance financial flexibility, increase asset ownership, and reduce overall ownership costs.
MUFG acted as sole arranger, underwriter, lender and facility agent