Cathay Pacific Unveils Major Bond Issue To Help Bolster Liquidity

Cathay
Credit: Cathay Pacific
Cathay Pacific has announced a new convertible bond issue that will raise HK$6.7 billion ($870 million), giving it an additional financial buffer as the business environment becomes even more challenging. The carrier was not specific in what the proceeds would be used for, but said the issuance was...
Adrian Schofield

Adrian is a senior air transport editor for Aviation Week, based in New Zealand. He covers commercial aviation in the Asia-Pacific region.

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