Americas

Air Canada reprices US$1.1bn credit facility

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Air Canada reprices US$1.1bn credit facility

Air Canada 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). The credit facility is comprised of a US$800 million term lo...

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