Mesa amends loan arrangements

Mesa Air Group has amended its credit agreements from June last year, to re-draw $7.9 million from its bridge loan and upsize is revolver by $20 million to $50.7 million. Mesa Air Group (US) amended a credit agreement in order to re-draw approximately US$7.9 million of the Effective Date Bridge Loan, to increase the amount of Revolving Commitments from $30.7 million to $50.7 million, and to amend the calculation of the Borrowing Base. The bridge loan facility bears interest at 3.50% for base rate loans and 4.50% per annum for term SOFR Loans and are secured by a collateral pool