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...

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