US Air Interest Rate Could Drop If Ratings Agencies Cooperate
US Airways, which has completed its $1.6 billion refinancing deal, says its interest rate will drop as much as 0.5% if the loan balance dips below $600 million or if Standard & Poor's and Moody's increase their rating of the facility to BB- and Ba3, respectively. That leaves it up to the rating...
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
