Hawaiian Airlines has announced that they have finalized a deal to purchase six new Airbus A330 aircraft. Hawaiian Airlines sold $444.5 million in certificates with a fixed interest rate of 3.9 percent or 4.95 percent based upon the class of certificate. The loan will be secured by the aircraft. The last loan will be paid off by Hawaiian Airlines in 2026 at which the planes would belong solely to Hawaiian.
Chief Financial Officer for Hawaiian Airline, Scott Topping, stated, “This financing represents a significant landmark for Hawaiian and we are very pleased with the results. The offering opens a significant new source of future capital for Hawaiian and reflects our financial strength, the confidence that capital market investors have in our strategy and the enduring value of our investment in the Airbus aircraft.”
Source: Honolulu Star Advertiser, 5-30-2013, www.staradvertiser.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
Posted by Jeff Uyemura-Reyes, Broker-in-Charge, Realtor®
Global Executive Realty, LLC
www.myhawaiihomesearch.com
www.myhawaiicondo.com
www.myhawaiidreamhome.com
