$200M SYNDICATED LOAN FOR PAL TO FUND FLEET UPGRADE

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP April 20, 2011 08:54

$200M SYNDICATED LOAN FOR PAL TO FUND FLEET UPGRADE

Philippine Airlines (PAL) plans to raise up to $200 million via a syndicated loan this year to partly fund its ongoing re-fleeting program. PAL outlined its plans to the Bangko Sentral ng Pilipinas (BSP). The loan will purchase one 777-300ER aircraft to be delivered by June next year.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP April 20, 2011 08:54
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Ffinance%2F200m-syndicated-loan-for-pal-to-fund-fleet-upgrade%2F"> registered </a> users can comment.