TrueNoord, the specialist regional aircraft leasing company, has successfully amended and extended its US$600 million revolving warehouse facility, strengthening the company’s funding platform and providing long-term visibility and flexibility to support continued portfolio growth. The transaction also reinforces TrueNoord’s relationships with a diverse and committed lender base, with two new lenders, Bank of Montreal and MUFG, joining the cornerstone facility.
This milestone follows a period of significant strategic progress for TrueNoord, including the signing of its first direct order with aircraft manufacturer Embraer in October 2025, laying a strong foundation for the next phase of the company’s expansion. “This is a significant step in strengthening TrueNoord’s long-term funding strategy and underpins our ambition to continue growing as a leading specialist regional aircraft lessor,” said Anne-Bart Tieleman, CEO of TrueNoord. “The extended facility provides the stability and flexibility we need to execute our strategy with confidence, while continuing to support our airline customers with high-quality, tailored leasing solutions.”
Florian van Vugt, Corporate Finance Manager, added: “This transaction enhances the efficiency and resilience of our funding platform, delivering improved economics, long-term visibility and greater flexibility to support portfolio growth. We are delighted to welcome new lenders, Bank of Montreal and MUFG, to this facility and are grateful for the continued support of our banking partners as we embark on the next phase of our development.”
Mandated Lead Arrangers and Senior Lenders:
Bank of Montreal, Citi, MUFG, Royal Bank of Canada, and Société Générale.
