Finnair has extended the maturity of its €200 million revolving credit facility by one year, strengthening its financial flexibility.
The Finnish carrier said it has exercised an extension option on the secured facility, which was originally agreed in April 2024 with a three-year tenor. The facility will now mature in April 2028.
The credit line, which remains undrawn, is intended for general corporate purposes and provides Finnair with additional liquidity headroom as it continues to navigate a challenging operating environment.
The facility includes a financial covenant requiring the airline to maintain a net debt to earnings before interest, tax, depreciation and amortisation (EBITDA) ratio of 3.75 or less.
Finnair said the extension reflects its ongoing focus on maintaining a strong liquidity position and financial discipline.