Intl Con Airline Grp - Iberia and Vueling sign syndicated loan agreements
IBERIA AND VUELING SIGN SYNDICATED LOAN AGREEMENTS
The banks involved in the syndicated agreement will ask the Instituto de Crédito Oficial (ICO) to grant guarantees for these loans and the financing is conditional on those guarantees being made available. The arrangement is within the legal framework set up by the Spanish government to mitigate the economic impact of COVID-19.
The financing arrangements have a five-year term, amortising from
Chief Financial Officer
This announcement contains inside information and is disclosed in accordance with the Company's obligations under the Market Abuse Regulation (EU) No 596/2014.
This information is provided by RNS, the news service of the
Quick facts: International Consolidated Airlines Group
Market Cap: £4.2 billion
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE