Norwegian Air Shuttle | AFIC financing | 08-17 | 6x737 Max8 | Transaction | Airfinance Journal

Norwegian Air Shuttle | AFIC financing | 08-17 | 6x737 Max8

Norwegian has signed an agreement with a new syndicated structure regarding financing of all six 737 MAX 8 aircraft with delivery in 2017. Norwegian’s subsidiary Arctic Aviation Assets Ltd (AAA) has completed financing of six Boeing 737 MAX 8 aircraft with an insurance guaranteed financing product. This covers all the scheduled deliveries of Boeing 737 MAX 8 aircraft during 2017.
MSNs: 42825, 42828, 42829, 42826, 42830, 42827

Available exclusively through Marsh, Aircraft Finance Insurance Consortium (AFIC) provides an alternative aircraft finance insurance product for new aircraft deliveries and is underwritten by four global insurance companies, Allianz, AXIS Capital, Sompo International (formerly Endurance), and Fidelis.

 


Deal Categories

Regions:
Europe
Norway
Tagged as:
Secured

Structure

Product category:
Other
Product type:
Aircraft purchase
Structure
Aircraft Purchase
Use of proceeds
Aircraft Purchase

Deal Categories

Regions:
North America
United States
Tagged as:
Secured
G8