Virgin Atlantic closes $150m RCF

Virgin Atlantic has closed a three-year, $150 million secured syndicated revolving credit facility with a syndicate of six banks. The UK airline has options to increase the deal to $350 million and extend the term to five years, according to sister publication Airfinance Journal.

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Bibliographic Details
Published in:Trade Finance 2018-01
Main Author: Kavanagh, Joe
Format: Article
Language:English
Subjects:
Aircraft
Airlines
Bond issues
Trade finance
Online Access:Get full text
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Summary:Virgin Atlantic has closed a three-year, $150 million secured syndicated revolving credit facility with a syndicate of six banks. The UK airline has options to increase the deal to $350 million and extend the term to five years, according to sister publication Airfinance Journal.
ISSN:1464-8873