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Health Business Week

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AIR Canada



Air Canada concludes financing for US$78 million



January 9th, 2009

Air Canada announced that it has concluded a secured financing transaction valued at US$78 million (approximately C$95 million) with Calyon New York Branch and Norddeutsche Landesbank Girozentrale. The five year loan matures in December 2013.

This agreement represents an additional step in the implementation of Air Canada's strategy of improving its short term and longer term liquidity through both traditional and non-traditional means.

CAUTION REGARDING FORWARD-LOOKING INFORMATION

Keywords: AIR Canada.

This article was prepared by Health Business Week editors from staff and other reports. Copyright 2009,...


Source: Health Business Week (2009-01-09)

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