AirBaltic to seek 'interim financing' from bondholders in August 3 meeting, notice sent to bondholders shows

AirBaltic has informed bondholders of its intention to seek "interim financing" during a meeting scheduled for August 3, according to a notice sent to bondholders[1]. The airline, which has faced financial challenges in recent years, is exploring short-term funding options to support its operations while it works toward a broader financial restructuring. The notice outlines the purpose of the meeting as a discussion of interim financing arrangements, though specific terms or amounts have not yet been disclosed.

This development follows a series of financial difficulties for AirBaltic, including a decline in passenger demand and operational constraints. The airline has previously sought support from creditors and government stakeholders to stabilize its balance sheet. The upcoming meeting with bondholders represents a key step in its ongoing efforts to secure liquidity and maintain service continuity.

Bondholders have been notified of the meeting and are expected to review the proposed interim financing options. Further details will likely emerge as the process unfolds.