KLM secures new $635 million credit line
Credit: Rob Finlayson
KLM Royal Dutch Airlines has finalized a €575 million ($635 million) revolving credit facility, taking Air France-KLM’s total undrawn credit to €1.845 billion. The Dutch carrier’s former facility was not due to mature until July 2016, but it opted for early refinancing with the deal. KLM’s new...
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