You have been sent this message from psa188@juno.com as a courtesy of the Washington Post - http://www.washingtonpost.com To view the entire article, go to http://www.washingtonpost.com/wp-dyn/articles/A5090-2002Sep26.html US Airways Gets $500M Financing <p> ARLINGTON, Va. - Bankrupt No. 6 U.S. airline US Airways Group <UAWGQ.PK> on Thursday said it had secured $500 million in debtor-in-possession financing from the Retirement Systems of Alabama.</p><p> The carrier also said it entered into a definitive agreement under which RSA will invest $240 million for 37.5 percent ownership in the restructured company.</p><p> The company said the investment will be coupled with a $1 billion collateralized loan backed by the $900 million federal guarantee that has been conditionally approved by the Air Transportation Stabilization Board when it emerges from bankruptcy. US Airways has said it expects to emerge from Chapter 11 protection in the first quarter of 2003.</p><p> In addition, US Airways said it agreed with RSA to restructure various debt obligations in the company's aircraft debt-restructuring program. RSA currently holds about $340 million of debt obligations related to US Airways' aircraft. </p>