MARCH 12TH, 2019
Icelandair Group enters into a USD 80 million loan agreement
Icelandair Group has entered into a USD 80 million loan agreement with an Icelandic financial institution. Ten of the company’s Boeing 757 aircraft will be encumbered as a security for the repayment of the loan. The maturity date of the loan will be based on a 5-year term. The company expects that the loan amount will be used as a partial redemption of Icelandair Group’s issued bonds.
Learn more about:
About the author:
AVIATOR is an online source of market intelligence for the airline industry. We publish over 1,200+ news items per month with sources, making us the most comprehensive publisher of relevant airline data worldwide.