Air T Inc. Secures $100 Million Multi-Year Financing Agreement with Institutional Investors

Reuters
06-06
<a href="https://laohu8.com/S/AIRT">Air T</a> Inc. Secures $100 Million Multi-Year Financing Agreement with Institutional Investors

Air T Inc. has successfully renegotiated a significant financing agreement with its existing institutional investors, expanding the transaction from $30 million to $100 million. Announced on June 2, 2025, the updated agreement extends repayment timelines and enhances financial flexibility, supporting Air T's long-term strategic objectives and growth commitments. The new financing structure includes committed, non-recourse capital disbursements through 2027, with the full note maturing in 2035. This capital will be used to bolster the growth and strategic initiatives of Crestone Air Partners, Inc., and other Air T subsidiaries. Nick Swenson, Chairman and CEO, expressed that this development represents a continued vote of confidence from their capital partners.

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. Air T Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1036071) on June 05, 2025, and is solely responsible for the information contained therein.

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