{"id":406391,"date":"2021-03-23T08:31:22","date_gmt":"2021-03-23T03:01:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406391"},"modified":"2021-03-23T09:18:06","modified_gmt":"2021-03-23T03:48:06","slug":"boeing-enters-into-5-28-billion-two-year-revolving-credit-agreement","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/boeing-enters-into-5-28-billion-two-year-revolving-credit-agreement\/","title":{"rendered":"Boeing enters into $5.28 billion two-year revolving credit agreement"},"content":{"rendered":"<p>(Reuters) &#8211; Boeing Co said on Monday it had entered into a $5.28 billion, two-year revolving credit agreement, as the U.S. planemaker contends with a prolonged slowdown in commercial air travel fueled by the COVID-19 pandemic. <\/p>\n<p>Earlier this month, Reuters reported that the company had approached a group of banks for a new $4 billion revolving credit facility and had the option to raise the size of to as much as $6 billion. (https:\/\/reut.rs\/3rbbe5p) <\/p>\n<p>Citigroup, JPMorgan Chase Bank, BofA Securities and Wells Fargo Securities are the joint lead arrangers and joint book managers, the planemaker said https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/12927\/000119312521089532\/d149318d8k.htm on Monday. <\/p>\n<p>The credit agreement is scheduled to end on March 19, 2023, Boeing said in a filing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) &#8211; Boeing Co said on Monday it had entered into a $5.28 billion, two-year revolving credit agreement, as the U.S. planemaker contends with a prolonged slowdown in commercial air travel fueled by the COVID-19 pandemic. Earlier this month, Reuters reported that the company had approached a group of banks for a new $4 billion revolving credit facility and had the option to raise the size of to as much as $6 billion. (https:\/\/reut.rs\/3rbbe5p) Citigroup, JPMorgan Chase Bank, BofA Securities and Wells Fargo Securities are the joint lead arrangers and joint book managers, the planemaker said https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/12927\/000119312521089532\/d149318d8k.htm on Monday. The [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-406391","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=406391"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406391\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}