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Aer Lingus still in talks about additional Irish state loan - debt agency

Thu, 07th Oct 2021 10:38

DUBLIN, Oct 7 (Reuters) - Irish airline Aer Lingus is still
in talks with the country's sovereign wealth fund about a
possible additional loan to help it with the impact of COVID-19,
the head of the agency that runs the fund said on Thursday.

The airline, which is part of the International Airlines
Group alongside British Airways and Iberia, in June
said it was in talks about a possible loan of a few hundred
million euros in additional liquidity.

"We lent Aer Lingus 150 million (euros in 2020)... and we
are in discussions with Aer Lingus to see if they would need any
further assistance, which we may be able to help them with,"
Conor O'Kelly, head of the National Treasury Management Agency
said of the Ireland Strategic Investment Fund's talks.
(Reporting by Conor Humphries; Editing by Padraic Halpin)

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