Philippine carrier Cebu Pacific has signed a PHP16 billion ($329 million) 10-year loan facility with six domestic banks, just weeks after raising PHP12.5 billion through a rights issue that was finalized in February. Proceeds from the loans will be used for capital expenditures and to provide a...
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Cebu Pacific Bolsters Liquidity With $329M In New Bank Loans is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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