Reno Air Sells $25 Million In Senior Convertible Notes
Reno Air has sold $25 million worth of 9% senior convertible notes due Sept. 30, 2002, resulting in net cash proceeds to the carrier of $23.75 million. Reno Air said it will use the capital to eliminate borrowings at a higher interest rate for its fuel facility, and for general corporate purposes...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
