easyJet has signed a new undrawn $1.75bn five-year sustainability-linked term loan, which has been underwritten by a syndicate of banks and supported by a partial guarantee from UK Export Finance under its Export Development Guarantee (EDG) scheme. The Export Development Guarantee scheme for commercial loans is available to qualifying UK companies and does not carry preferential rates or require state aid approval. The new term loan facility replaces easyJet’s existing $1.77bn term loan facility. easyJet states that it is “capitalising on its sector-leading investment grade balance sheet to fully repay the existing UKEF drawn balance of $950 million, which incurred
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.