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Smartwings Secures Financing and Exits Creditor’s Protection

MIAMI – Smartwings (QS) has secured an 80% state-guaranteed loan provided by a consortium of banks under the leadership of UniCredit Bank. The airline is part of Smartwings Group along with CSA (OK), owned by Unimex and participated by the Chinese Citic Europe Investment Group. The financing amounts to a total of US$90.5m (CZK2bn), due […]

The post Smartwings Secures Financing and Exits Creditor’s Protection appeared first on Airways Magazine.

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Source:: “Airways Magazine”

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