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