airBaltic Bondholders Approve New Terms for Airline’s Bonds
6 Articles
6 Articles
airBaltic bondholders approve new terms for airline’s bonds
On August 17, 2026, airBaltic announced that its bondholders have approved amendments to the terms of the airline’s outstanding €380 million 14.5%-interest bonds, which are due in 2029. These extraordinary resolutions, which have now been greenlighted, were included in a supplemental meeting notice issued by airBaltic on July 28, 2026. The airline’s new strategic plan, which aims to guarantee financial viability, called for a number of measur…
Air Baltic bondholders granted the airline more financial flexibility on Monday, giving the Latvian carrier time to restructure its operations and negotiate the necessary financing. The airline said flights are currently continuing as normal.
The Latvian airline airBaltic has obtained the agreement of its bondholders to temporarily ease the terms of its debt of 380 million euros, paid at 14.5% and in 2029. This decision prevents it, in the very short term, from disbursing the coupons of August and November, but does not solve the central equation: to find emergency financing and carry out a profound restructuring of its business around Riga and its fleet of Airbus A220-300. AirBaltic…
Air Baltic's bondholders waive their interest payments in August and November. The state-controlled Latvian airline is looking for fresh capital and is planning a comprehensive restructuring and fleet reduction.
Latvia's national airline has reached an agreement with bondholders, is preparing a restructuring plan and is seeking to raise EUR 225 million in temporary financing.
The future of Latvian national airline Air Baltic could change decisively as early as Monday when bondholders decide whether to give the loss-making airline more time and money.
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