Credit: Cebu Pacific Air / Facebook
Filipino LCC Cebu Pacific is looking to raise $500 million to weather the COVID-19 pandemic and position the airline in the “new normal.” In a stock exchange announcement, the airline said it will raise $250 million in convertible preferred shares rights issue and another $250 million in a private...
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Cebu Pacific Aims To Raise $500M As Filipino Aviation Suffers is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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