28-Sep-2012 1:26 PM

Qantas refinances USD311m undrawn loan facility

Qantas announced (28-Sep-2012) it successfully refinanced the AUD300 million (USD311 million) undrawn tranche of its unsecured syndicated loan facility. The tranche, which was due to mature in May 2013, was increased by AUD100 million (USD104 million) to AUD400 million (USD415 million). The revolving loan facility has a maturity date of Sep-2015. Qantas CFO Gareth Evans said the refinancing reinforces the strength of Qantas Group's key banking relationships. [more - original PR]