Air Transport Services Group has extended its senior secured credit facility until November 30, 2024, expanded the facility’s revolver portion, consolidated and lowered its term loans, and reduced pricing to immediately lower interest cost.
Air Transport Services Group extended its credit facility through May 2024 and an expanded the facility’s revolver portion to $645 million. SunTrust leads the syndicate of lenders.
SunTrust led a $545 million facility for Air Transport Services Group in connection with its acquisition of Omni Air International.
Air Transport Services Group has obtained lender commitments for a one-year extension through May 2022 of its secured credit facility, which was upsized to $545 million. The amendment was led by SunTrust.
Air Transport Services Group obtained commitments for a $100 million increase of the revolver portion of its secured credit facility with a consortium of banks led by SunTrust