06:01 PM EDT, 06/05/2025 (MT Newswires) -- Air T ( AIRT ) renegotiated a multiyear financing agreement with institutional investors, increasing the transaction to $100 million from $30 million and extending the repayment timelines.
"This modified financing structure significantly enhances our capital flexibility," Air T ( AIRT ) said Thursday in a statement.
Under the revised terms, Air T ( AIRT ) and its AAM 24-1 subsidiary "will receive committed, non-recourse capital in scheduled disbursements through 2027, with the full note maturing in 2035," according to the statement.