Air Transport Services Group (ATSG) has obtained commitments for an expansion of the revolver portion of its secured credit facility with a consortium of banks led by SunTrust, and that it has extended the maturity of the entire facility by 12 months. The changes increase by $100 million, to $425 million, the revolving credit portion of the credit facility with the bank group. Additionally, the facility includes an amortizing term loan which currently has an outstanding balance of $97.5 million. Quint Turner, Chief Financial Officer of ATSG, said: “We appreciate the continued strong support of our long-time bank group as
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.