CityJet leases two Bombardier CRJ900 ERs from TrueNoord
TrueNoord, a regional aircraft lessor headquartered in Amsterdam, Netherlands has closed a sale-lease back transaction providing two Bombardier CRJ900 ERs to Irish regional airline 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.
Anne-Bart Tieleman, CEO – TrueNoord said, “These are the first CRJ900s for TrueNoord – and the aircraft type is in line with our ultimate vision and long-term plan to build up a strong portfolio of young regional aircraft types with a good global spread and leased to first class operators.
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