Finance, Taxes, Insurance
TrueNoord Secures Additional Financial Backing
Infusion of half a billion dollars will cover existing portfolio of Embraer, Bombardier and ATR regional airliners.

Regional-airliner leasing specialist TrueNoord has announced it has closed a senior secured debt facility of $500 million. The facility will refinance part of TrueNoord’s existing portfolio of Embraer, Bombardier, and ATR regional aircraft. The remaining funds will be used as a warehouse for future business development and fleet expansion, according to the company.