AirAsia Looks To Raise Up To $238M Through Rights Issue

AirAsia
Credit: Mohd Rasfan / AFP / Getty Images
SINGAPORE—AirAsia Group is planning a rights issue to raise as much as MYR1 billion ($238 million) to tide the LCC group over through the pandemic and further invest in its digital and lifestyle products. The offering of seven-year redeemable convertible unsecured Islamic debt securities (RCUIDS) is...
Chen Chuanren

Chen Chuanren is the Southeast Asia and China Editor for the Aviation Week Network’s (AWN) Air Transport World (ATW) and the Asia-Pacific Defense Correspondent for AWN, joining the team in 2017.

Subscription Required

 

AirAsia Looks To Raise Up To $238M Through Rights Issue is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aviation Daily through your company? Login with your existing email and password

Not a member?  Learn how to access the market intelligence and data you need to stay abreast of what's happening in the air transport community.

Paris Air Show 2025

Aviation Week's award-winning editorial team will deliver comprehensive coverage of the Paris Air Show 2025, including extensive news, insight, and analysis, continuing our tradition of authoritative aerospace journalism at the world's largest and most influential aerospace industry event.