Air t, inc. secures $15.0 million in private and non-recourse debt transaction, propelling strategic growth initiatives

Minneapolis, mn / accesswire / march 5, 2024 / air t, inc. (nasdaq:airt) (the "company") recently announced the closing of a direct, structured $15,000,000 private note transaction with a major pension plan on february 22, 2024 (the "transaction"). the transaction involved 7-year notes bearing 8.5% interest per annum.

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