United's DIP lenders agree to lower interest rate, ease terms
United Airlines parent UAL Corp said the US Bankruptcy Court approved amendments to its debtor-in-possession financing facility that provide "a significant reduction" in the interest it must pay under the loan. The agreement with DIP lenders JPMorgan Chase, Citigroup, CIT and GE Capital also extends...
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
