Mitsubishi UFJ Financial Group (MUFG) closed a $75 million senior secured revolving credit facility ("RCF") for Sun Country Airlines ("Sun Country"). MUFG acted as Sole Structuring Agent and a Joint Lead Arranger with a USD 37.5 million commitment. Sumitomo Mitsui Banking Corporation, acting as the other Joint Lead Arranger, provided the additional USD 37.5 million commitment. The facility will replace Sun Country's existing USD 25 million RCF and is intended to provide additional liquidity for Sun Country to be used for general corporate purposes. The facility may be secured by a combination of aircraft, engines, spare parts, inventory, receivables, and cash.

"This new revolving credit facility provides Sun Country with enhanced financial flexibility to pursue new opportunities as they arise," said Dave Davis, President and Chief Financial Officer. "We continue to grow our unique and successful business model, and greatly appreciate the leadership and participation of MUFG, one of our key partners."

"We are excited to have closed this important transaction with Sun Country" says Benoist de Vimal, Head of Aviation Originations in the Americas at MUFG. "We appreciate Sun Country's trust in our bank and look forward to continuing to expand the relationship and supporting them with their needs in the future."