Airbus Extends $3.8bn Credit Facility

Airbus has amended and extended a €3bn ($3.8bn) revolving syndicated credit facility to take advantage of favourable lending conditions. The new five-year credit facility was signed last Friday (October 10) and replaces a similar €3bn five-year facility completed in April 2011. The new facility also has two one-year extension options and lenders involved include the Bank of Tokyo-Mitsubishi; BNP Paribas; Bank of America Merrill Lynch and Credit Suisse. The credit facility will be used for “general corporate purposes”, the OEM confirmed.

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