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Air T amends Alerus credit agreement, adds USD 2.8 million overline revolving loan commitment
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Air T amends Alerus credit agreement, adds USD 2.8 million overline revolving loan commitment
  • Air T entered Amendment No. 6 to its Alerus credit agreement on June 15, 2026, adding a temporary overline revolving credit commitment.
  • Overline loans can total up to USD 2.8 million outstanding, capped by the amount borrowing base exceeds total usage.
  • The overline commitment ends on Oct. 15, 2026, unless terminated earlier under the credit agreement.
  • Borrowings are evidenced by a USD 2.8 million Overline Note, with interest at the greater of 5% or 1-month term SOFR + 2.5%.
  • Air T reaffirmed its existing guaranty and pledged collateral in support of the amended Alerus facility.


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. Air T Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000353184-26-000045), on June 16, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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