Will Be Operated By Cityjet Under The 10-Year Agreement
Regional aircraft lessor TrueNoord has closed a sale-leaseback transaction providing two Bombardier CRJ900 ERs to Cityjet DAC on ten year operating lease terms.TrueNoord has partly financed the transaction by the recent term loan warehouse facility underwritten by NORD/LB, Morgan Stanley and Barclays. Legal advice was provided by Hogan Lovells for TrueNoord and Allen & Overy for CityJet. Norton Rose and Clifford Chance advised on the financing side of the transaction.
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