Japan Airlines finalises plans to raise $2.7b
Japan Airlines said Friday it had finalised plans to issue 300b yen ($2.73b) of hybrid loans and subordinated bonds in response to the severe challenges arising from the COVID-19 pandemic. It will raise 200b yen from hybrid loans and 100 billion from subordinated bonds, the airline said in a statement to the stock exchange. JAL had announced initial plans for the raising on Thursday but provided more details of the funding mix on Friday.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2021-09-10/oneworld/japan-airlines-finalises-plans-to-raise-2.7b
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Japan Airlines finalises plans to raise $2.7b
Japan Airlines said Friday it had finalised plans to issue 300b yen ($2.73b) of hybrid loans and subordinated bonds in response to the severe challenges arising from the COVID-19 pandemic. It will raise 200b yen from hybrid loans and 100 billion from subordinated bonds, the airline said in a statement to the stock exchange. JAL had announced initial plans for the raising on Thursday but provided more details of the funding mix on Friday.<br/>
