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SkyEurope Gets More Time To Cover Bridge Loan
SkyEurope is scrambling to find a long-term financing solutions and faces a key loan payments soon.
The airline has gotten a little relief, with the deadline for the loan payment extended until Nov. 22, it was originally due November 12. The EUR10 million bridge loan was provided by York Global Finance II in September to help SkyEurope during the winter period. A EUR15 million loan provided by the same financial institution last year comes due the same day.