Norwegian Air Shuttle ASA has arranged and closed financing facilities in the amount of NOK 600 million for pre-delivery payment (PDP) financing. The facilities cover PDP financing for aircraft delivering in the current 2012 - 2014 financial planning time horizon.
Term loan financing committed for first seven aircraft
Norwegian Air Shuttle ASA has mandated US lender, Private Export Funding Corporation (PEFCO), supported by the Export-Import Bank of the United States (EXIM), to provide term loan financing for the first seven of its direct-buy, new Boeing 737-800 HGW aircraft, to be delivered between Summer 2009 and Winter 2010. EXIM has on 31. July issued a final commitment for the seven aircraft, and preliminar