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Stek advises TrueNoord on acquisition of 2 Embraer E195 aircraft

Lawyers:
Laetitia Kunst
Jeroen Timmermans

Stek has advised TrueNoord, an aircraft leasing company leasing various regional aircraft types to airlines in a large number of jurisdictions worldwide, on the acquisition of two Embraer E195 aircraft from CCB Aviation Corporation Limited. Both aircraft are on lease to Brazilian airline Azul Linhas Aéreas Brasileiras S.A. Financing was provided under TrueNoord’s term loan warehouse facility supported by Morgan Stanley, Norddeutsche Landesbank and Barclays.

Stek advised TrueNoord in cooperation with Milbank (UK) and Flynn O’Driscoll (Ireland). Please click here for more information.