Categories

« Southwest boots chatty passenger | Main | CEO: Delta/Northwest could shrink »

May 12, 2008

Southwest borrows $600 million

Southwest Airlines reported in an SEC filing this afternoon that it has taken a loan from seven European banks for $600 million. The debt is secured by 21 of its Boeing 737-700 planes, according to the filing.

Citibank acted as the loan agent, and the lenders were Commerzbank, Dekabank, Norddeutsche Landesbank Girozentrale, Landesbank Baden-Wurttemberg, Landesbank Hessen-Thüringen, BNP Paribas and ING Bank N.V.

- Trebor Banstetter

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341c2cc953ef00e552369ece8834

Listed below are links to weblogs that reference Southwest borrows $600 million:

Comments

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Advertisement