Airbus doubles size of main euro bank line as company faces prolonged difficulties

Airbus A400M military aircraft from co media gallery 575x375
By Mike Turner
28 Oct 2020

Airbus, the French aerospace company, has signed a €6bn sustainability-linked revolving credit facility, with the borrower doubling the size of its bank line after raising billions in emergency liquidity in the spring.

The borrower’s new facility has a three year maturity. It was provided by “more than 30 banks,” according to a lender to the facility. 

BNP Paribas, Crédit Agricole, JP Morgan, Santander and UniCredit were coordinators, the banker added. The French banks and Santander were also sustainability coordinators.

The deal replaces ...

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