Ads 468x60px

Thursday, July 5, 2012

Amadeus secures €200 million loan to develop IT projects for airlines, airports


Madrid-based Amadeus IT Group has secured a loan for €200 million ($255 million) from the European Investment Bank (EIB) to finance research and development for a variety of IT projects for airlines, airports, hotels, and rail between 2012 and 2014.

The loan, which has a nine-year maturity, will be awarded in two tranches from May 24: one with a notional value of €150 million, with semester repayments after the third year; and a second with a notional value of €50 million, with semester repayments after the fourth year.


0 comments:

Post a Comment