Transat taps LASR facility for up to $150 million loan at 3.91% interest

Reuters2026/07/28 18:06

By:Reuters

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Transat entered a financing agreement under Canada’s LASR Facility, offering up to $150 million to offset higher aviation fuel costs through Oct. 31, 2026.
Initial draw of $125 million disbursed today; remaining amounts to be drawn in monthly tranches based on eligible fuel-cost impacts.
Facility matures in four years; interest rate set at 3.91% annually.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Transat A.T. Inc. published the original content used to generate this news brief on July 28, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Transat taps LASR facility for up to $150 million loan at 3.91% interest

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