Sun Country Airlines Secures $108 Million Term Loan Facility to Refinance Aircraft and Support Corporate Growth

Reuters
2025/10/02
<a href="https://laohu8.com/S/SNCY">Sun Country Airlines</a> Secures $108 Million Term Loan Facility to Refinance Aircraft and Support Corporate Growth

**Sun Country Airlines Secures $108 Million Term Loan Facility** EAGAN, Minn. - Sun Country Airlines Holdings Inc. announced it has entered into a new $108 million Term Loan Facility Agreement, with UMB Bank, National Association, serving as administrative agent and mortgagee. The financing will be drawn in two parts, with the first disbursement completed at closing and the second expected by December 19, 2025. Proceeds from the loan will be used to pay off Sun Country's existing term loan facility, refinance five Boeing 737-900 aircraft, and support general corporate purposes. Three of the aircraft are currently leased to another airline and will join Sun Country's fleet after the leases expire between late 2025 and late 2026. The loan carries a fixed interest rate of 5.98% per annum, with quarterly amortization payments beginning in December 2025 and a final maturity date of September 22, 2032. The obligations are secured primarily by the five aircraft and related lease agreements. Sun Country retains the option to prepay the loan at any time, subject to certain conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sun Country Airlines Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001743907-25-000047), on October 01, 2025, and is solely responsible for the information contained therein.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10