Cebu Pacific Gets Another Lifeline As Indigo Partners Invests

Cebu
Credit: STR / AFP / Getty Images
Philippine carrier Cebu Pacific has received a $250 million cash injection in the form of convertible bonds from International Finance Corporation (IFC), IFC Emerging Asia Fund and Indigo Philippines LLC, a subsidiary of U.S. airline investor Indigo Partners. There are 318,750,000 Cebu Pacific...

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