AirAsia Group is seeking changes to the terms of a $200m private credit facility provided by Ares Management and Indies Capital Partners as the airline looks to improve the flow of payments to aircraft lessors, according to a report by Bloomberg citing unnamed people familiar with the matter.
The Malaysian carrier has asked the lenders to permit revenue from selected flight routes to be shared with aircraft leasing companies to which AirAsia owes money. That revenue is currently pledged to Ares...
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