Tag Archives: revolving

American repays US$2.8bn in revolving credit facilities | News

American repays Cares Act loans with new funding | News

American Airlines has repaid $2.8 billion in revolving loans, in the aggregate, under three separate revolving credit facilities in a liquidity-neutral transaction. American borrowed the $2.8 billion in April last year in response to the Covid-19 pandemic and its impact on the demand for air travel. The revolving credit facilities are supported by 18 lending […]

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