airBaltic Secures €257 Million Financing From Its Bondholders
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14 Articles
Latvian television reported that airline Air Baltic has reached an agreement with investors for a loan of up to 257 million euros. This is a short-term bridge financing and the annual interest rate is set at 25 percent.
Latvia's national airline airBaltic has agreed with some of its existing bondholders and third-party financing providers for up to 257 million euros in temporary financing, the company told LETA news agency on Thursday.
Latvian national airline Air Baltic announced that it has reached an agreement with individual bondholders and external financing providers on the terms of a bridge financing of up to EUR 257 million.
airBaltic has announced an agreement with certain bondholders and external finance providers to obtain up to 257 million euros in interim financing with the objective of strengthening its liquidity, weighed by the war in the East, and supporting its new business plan. This financing will be approved at the next meeting [...] The airBaltic ticket agrees a financing of up to 257 million to support its new road map appears first in Forbes Spain.
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