easyJet down on leaseback deal
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Shares in FTSE 250 budget airline easyJet (LON:EZJ) slipped 2.93% to 504.40p (as of 16:05 GMT) after it entered sale and leaseback arrangements to improve liquidity. The nine sales generated proceeds of just over £300 million and the lease obligations are valued at £230 million.
The company said that it would continue to review its liquidity levels and assess funding options on a regular basis.
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