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Midwest Express amends and extends bank credit facility

Milwaukee, Usa - Until August 30, 2003

Milwaukee-based Midwest Express Holdings has entered into an amendment to its bank credit facility that will extend until August 30, 2003. Terms of the amendment include an initial USD 25m commitment, declining in stages to USD 18,5m in mid-April - compared with USD 45m prior to the amendment. The facility remains secured with company assets and includes financial covenants reviewed monthly. The company...

AVIONEWS - World Aeronautical Press Agency - 34573

AVIONEWS - World Aeronautical Press Agency
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