Icelandair enters $35 million loan agreement with CIT Bank

victoria@aviationnews-online.com
By victoria@aviationnews-online.com December 6, 2019 10:45

Icelandair enters $35 million loan agreement with CIT Bank

Icelandair has entered into a secured $35 million loan agreement with CIT Bank which is part of a refinancing due to the redemption of bonds issued by the company earlier this year.

The maturity date of the loan will be based on a five year term.

victoria@aviationnews-online.com
By victoria@aviationnews-online.com December 6, 2019 10:45