Brief: Wheels Up Announces New Financing To Support Investments In Operations, Technology And Member Experience

Wheels Up Experience

17/10/2022 14:34

Oct 17 (Reuters) - Wheels Up Experience Inc  UP.N :
    * WHEELS UP ANNOUNCES NEW FINANCING TO SUPPORT INVESTMENTS
IN
OPERATIONS, TECHNOLOGY AND MEMBER EXPERIENCE
    * WHEELS UP EXPERIENCE INC- ITS SUBSIDIARY, WHEELS UP
PARTNERS
LLC, HAS ISSUED EQUIPMENT NOTES IN AGGREGATE PRINCIPAL AMOUNT OF
$270 MILLION THROUGH AN EETC
    * WHEELS UP EXPERIENCE INC- EQUIPMENT NOTES ARE SECURED BY A
PRIMARY LIEN ON CERTAIN OF WHEELS UP'S OWNED AIRCRAFT, HAVE A
MATURITY OF UP TO SEVEN YEARS

Source text for Eikon:  ID:nPn8b7Q9Ma 
Further company coverage:  UP.N 
 ((Reuters.Briefs@thomsonreuters.com;))