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.


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