TagsAirline Refinancing

Air Canada Announces Longer-Term Refinancings to Replace Short-Term Facilities

Air Canada yesterday announced that it recently completed two longer-term refinancing transactions for a total amount of approximately $1.52 billion, replacing short-term facilities. The first transaction consists of a committed Secured Facility totalling $787.7 million to finance Air Canada’s purchase of the first 18 Airbus A220 aircraft with a term of 12 years from delivery […]