American Airlines has closed the debt portion of its “liquidity grab”, the $2.5 billion of senior secured notes were priced at 11.75%. The airlines used roughly $1 billion of the proceeds to refinance a delayed draw term loan credit agreement according to a stock exchange filing, while the balan...
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WestJet extends sun-flight suspensions until June 4
By
Dino D'Amore
14th April 2021