Finnair Raises $578M From New Stock Issue

Credit: Rob Finlayson
Finnair has raised €512 million ($578 million) through the issue of new shares, generating around €501 million in net proceeds after costs. Announcing the results of the issue July 7, Finnair said the offering was 110.7% oversubscribed at €0.40 per share. Following completion, 1,279,265,150 new...
Victoria Moores

Victoria Moores joined Air Transport World as our London-based European Editor/Bureau Chief on 18 June 2012. Victoria has nearly 20 years’ aviation industry experience, spanning airline ground operations, analytical, journalism and communications roles.

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