THE initial stage of refinancing for seven Boeing 737-700 and -800 converted freighters has been completed by Spectre Cargo Solutions, the freighter-focused arm of aircraft trading and leasing specialist Spectre Air Capital.
Texas-based Spectre Cargo Solutions, through its Irish affiliate NGF Genesis, has closed its first round of a long-term senior debt facility led by Erste Bank for the freighters which will be delivered on lease to 'multiple operators' and managed by NGF Genesis (Ireland).
Said Spectre Cargo Solutions: 'This will be the first institutional financing of Spectre's freighter portfolio, and represents the first tranche of aircraft supporting its broader passenger-to-freighter (PTF) platform.'
The company has converted and supported 135+ B737 freighters operating in 25+ countries. It has also arranged 40+ B757 freighters converted by Precision and 25+ B747 freighters converted by Boeing.
WORLD SHIPPING
Texas-based Spectre Cargo Solutions, through its Irish affiliate NGF Genesis, has closed its first round of a long-term senior debt facility led by Erste Bank for the freighters which will be delivered on lease to 'multiple operators' and managed by NGF Genesis (Ireland).
Said Spectre Cargo Solutions: 'This will be the first institutional financing of Spectre's freighter portfolio, and represents the first tranche of aircraft supporting its broader passenger-to-freighter (PTF) platform.'
The company has converted and supported 135+ B737 freighters operating in 25+ countries. It has also arranged 40+ B757 freighters converted by Precision and 25+ B747 freighters converted by Boeing.
WORLD SHIPPING