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Wheels Up Closes $332 Million Revolving Financing Facility, Acquires 17 Embraer Phenom 300 Series Aircraft
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Wheels Up Closes $332 Million Revolving Financing Facility, Acquires 17 Embraer Phenom 300 Series Aircraft
Nov 15, 2024 12:53 PM

09:29 AM EST, 11/14/2024 (MT Newswires) -- Wheels Up Experience ( UP ) said Thursday it has secured a $332 million revolving equipment notes facility with Bank of America ( BAC ) , and has acquired GrandView Aviation's fleet of 17 Embraer ( ERJ ) Phenom 300 and Phenom 300E aircraft.

The company first signed these deals for the transactions in October.

Price: 2.2400, Change: +0.07, Percent Change: +3.23

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