Atlas Air Worldwide Holdings Inc logo

AAWW - Atlas Air Worldwide Holdings Inc News Story

$74.03 2.7  3.7%

Last Trade - 07/05/21

Sector
Industrials
Size
Mid Cap
Market Cap £1.49bn
Enterprise Value £2.55bn
Revenue £2.31bn
Position in Universe 2196th / 6850

BRIEF-Atlas Air Worldwide And Titan Aviation Holdings Announce Financing Facilities

Thu 5th November, 2020 2:20pm
Nov 5 (Reuters) - Atlas Air Worldwide Holdings Inc  AAWW.O :
    * ATLAS AIR WORLDWIDE AND TITAN AVIATION HOLDINGS ANNOUNCE
FINANCING FACILITIES WITH CDPQ, BNP PARIBAS, AND VOLOFIN
    * ATLAS AIR WORLDWIDE HOLDINGS INC - TITAN AIRCRAFT
INVESTMENTS
LTD. HAS ENTERED INTO A US$300 MILLION WAREHOUSE FINANCING
AGREEMENT
    * ATLAS AIR WORLDWIDE HOLDINGS INC - TITAN AIRCRAFT
INVESTMENTS
HAS ALSO SEPARATELY ENTERED INTO A US$200 MILLION BRIDGE
FINANCING AGREEMENT
    * ATLAS AIR WORLDWIDE HOLDINGS INC - WAREHOUSE FACILITY WILL
PROVIDE DEBT TO FINANCE ACQUISITION OF FREIGHTER AIRCRAFT LEASES
BY TITAN AIRCRAFT
    * ATLAS AIR WORLDWIDE HOLDINGS INC - BRIDGE FACILITY WILL
PROVIDE
DEBT TO FINANCE CONVERSION OF PASSENGER AIRCRAFT INTO FREIGHTER
CONFIGURATION

Source text for Eikon:  ID:nGNE3d1Tqt 
Further company coverage:  AAWW.O 

 ((Reuters.Briefs@thomsonreuters.com;))
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