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Loan Facility

15th Apr 2026 11:32

RNS Number : 6091A
DP Aircraft I Limited
15 April 2026
 

15 April 2026

 

DP Aircraft I Limited (the 'Company')

Loan Facility

 

The Board of DP Aircraft I Limited ("DPA" or the "Company") announces that the Company has secured a twelve-month loan facility of US$1.5 million from Ironsides Holdings LLC ("Ironsides"). Robert Knapp, a non-executive Director of DPA, provides Board representation for Ironsides and associated companies which together hold 73,186,272 shares (approximately 28.6 per cent. of issued share capital) in the Company in aggregate; and accordingly, the loan was agreed and approved on behalf of the Company by the independent directors. The loan, the commercial terms of which have been negotiated on an arm's-length basis, will be used to facilitate operational enhancements to the Boeing 787-8's which are being transferred from Thai Airways International to LOT Polish Airlines."

 

 

For further information, please contact:

Aztec Financial Services (Guernsey) Limited +44(0) 1481 748831

Chris Copperwaite

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