Thai AirAsia To Raise $58M To Strengthen Financials

Thai AirAsia A320neo
Thai AirAsia A320neo
Credit: Thai AirAsia
SINGAPORE—Thai AirAsia is planning to raise THB2 billion ($58 million) via debentures to institutional investors and “high net worth individuals” in a bid to stabilize the airline’s balance sheets. The LCC said the fund will support the airline’s recovery plans and initiate further growth on key...

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