Jet.AI Announces Non-Recourse Debt Financing For Related To Proposed Purchase Of Bombardier Challenger 3500 Aircraft Valued At ~$280M
Portfolio Pulse from Benzinga Newsdesk
Jet.AI has announced a non-recourse debt financing related to the proposed purchase of Bombardier Challenger 3500 aircraft, valued at approximately $280 million.
June 04, 2024 | 2:04 pm
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Jet.AI has secured non-recourse debt financing for the proposed purchase of Bombardier Challenger 3500 aircraft, valued at approximately $280 million. This move could enhance the company's asset base and operational capacity.
The non-recourse debt financing allows Jet.AI to acquire high-value assets without putting existing assets at risk. This could improve the company's operational capacity and asset base, potentially leading to positive investor sentiment and a short-term increase in stock price.
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