Saturday, 3 June 2017

Air Canada Reprices U.S.$1.1 Billion Credit Facility

air-canada2Air Canada announced that it has completed the repricing of its U.S.$1.1 billion senior secured credit facility, reducing the interest rate by 50 basis points, to an interest rate of 225 basis points over LIBOR (subject to a LIBOR floor of 75 basis points). 

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