New Pan Am works toward preferred stock offering before Carnival merger
New Pan Am, which started flying a year ago this month, is in discussions with banks regarding a securities offering of up to $115 million prior to its merger with Carnival. The new preferred stock would pay Carnival's and Pan Am's debt and fund the new airline, according to a securities filing.
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
