MUFG announces $75 million financing for Sun Country Airlines
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MUFG closes US$75 million financing for Sun Country Airlines
Mitsubishi UFJ Financial Group (MUFG), a provider of financial services, has closed a US$75 million senior secured revolving credit facility (RCF) for Sun Country Airlines (Sun Country). MUFG acted as sole structuring agent and joint lead arranger with a US$37.5 million commitment. Sumitomo Mitsui Banking Corporation, serving as the other joint lead arranger, provided the remaining US$37.5 million commitment. The facility replaces Sun Country's …
MUFG announces $75 million financing for Sun Country Airlines
Mitsubishi UFJ Financial Group (MUFG) has announced the closing of a USD 75 million senior secured revolving credit facility (“RCF”) for Sun Country Airlines, Inc. MUFG acted as Sole Structuring Agent and a Joint Lead Arranger with a USD 37.5 million commitment. Sumitomo Mitsui Banking Corporation, acting as the other Joint Lead Arranger, provided the additional USD 37.5 million commitment. The facility will replace Sun Country’s existing USD 25…
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