Americas

JetBlue draws down new $1bn credit facility 

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JetBlue draws down new $1bn credit facility 

Due to the dramatic loss of revenue, JetBlue has secured a new liquidity facility. On March 13, 2020, JetBlue entered into a delayed draw term loan credit agreement that provides for a term loan facility of up to $1bn. JetBlue has drawn down the full amount to use the proceeds for general corporate ...

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