MONTREAL, Feb. 3, 2025
/CNW/ - Transat A.T. Inc., a leisure travel reference
worldwide, operating as an air carrier under the Air Transat brand,
announces that it has agreed, under certain conditions, with the
Canada Enterprise Emergency Funding Corporation, to extend the
maturity of its $312 million
unsecured financing obtained through the Large Employer Emergency
Financing Facility ("LEEFF"). The maturity of the LEEFF unsecured
credit facility, initially set for April 29,
2026, is now extended to April 29,
2027.
Concurrently, the maturity of the $50
million revolving credit facility agreement and the
$41 million LEEFF secured credit
facility agreement are extended from February 1, 2026, to November 1, 2026.
About Transat
Founded in Montreal 37 years ago, Transat has achieved
worldwide recognition as a provider of leisure travel particularly
as an airline under the Air Transat brand. Voted World's Best
Leisure Airline by passengers at the 2024 Skytrax World Airline
Awards, it flies to international destinations. By renewing its
fleet with the most energy-efficient aircraft in their category, it
is committed to a healthier environment, knowing that this is
essential to its operations and the destinations it serves. (TSX:
TRZ) www.transat.com
Media
Andréan Gagné
Senior Director, Public Affairs and Communications
andrean.gagne@transat.com
514 987-1616 ext. 104071
Media site and image
bank: www.transat.com/fr-CA/corporatif/medias
Financial Analysts
Juliette
Gauthier
Senior Director, Investor Relations
juliette.gauthier@transat.com
514 987-1616 ext. 104019
SOURCE Transat A.T. Inc.
