Monday, August 12, 2013

WWE Gets $31 Million Loan for New Corporate Jet


- WWE has filed with the SEC announcing plans to finance a new corporate jet. The company released the filing today, announcing that they've created the subsidiary WWE Jet Services, Inc. in order to finance the jet through RBS Asset Finance for $31.56 million.

The filing includes quarterly payments of $405,458 until the loan expires on August 7, 2020 and includes notes about the company's use of the jet, including not being able to use the jet as a taxi service or fly in restricted airspace.

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