Northwest Airlines said it completed a $147.8 million financing, the proceeds of which it used to pay the November 2005 principal amortization in the same amount under its $975 million credit agreement. The financing transaction was led by JP Morgan and Citigroup and included participation from existing and new lenders in the credit agreement. In connection with the move, the airline said it received consent from its lenders to waive the fixed charge coverage covenant until the second ...

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