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[NWA] Northwest Airlines Corporation

Symbol: NWA
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10/29/2008 03:01pm
Northwest Airlines Corporation Entered $500M credit facility - filing

- The loan facilities under the Credit Agreement consist of a three-year $200M secured revolving credit facility with a final maturity on October 28, 2011 with loans thereunder bearing interest at LIBOR plus 4.5%, and a 364-day $300M secured revolving credit facility with a final maturity on October 28, 2009 with loans thereunder bearing interest at LIBOR plus 3.5%.
- intends to use the proceeds from the Credit Agreement for working capital and other general corporate purposes.


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