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

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.

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