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April 04, 2013

Southwest gets new $1 billion credit line

Southwest Airlines said Thursday that it has received a five-year, $1 billion revolving credit facility from a group of banks.

According to a filing with the Securities and Exchange Commission, the banks supplying the credit include JPMorgan Chase, Citibank, Bank of America, Barclays, Deutsche Bank, Goldman Sachs and Wells Fargo.

-Andrea Ahles

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