Spectre Cargo Solutions, through its Irish affiliate NGF Genesis, closed its first round of a long-term senior debt facility led by Erste Bank.

The funding will be used to refinance seven Boeing 737-700 & 737-800 converted freighters managed by Spectre’s NGF Genesis and which will be delivered on lease to multiple operators.

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 platform.

Based in Austin, TX, Spectre Cargo Solutions is a freighter-focused aircraft leasing and management company.