Air NZ raises $1.2 billion

May 5, 2022 | Latest News

5.5.22   Air New Zealand has raised NZ$1.2 billion under the 2-for1 renounceable rights offer and shortfall bookbuild, having completed the latter this week. These proceeds will be used to repay the airline’s existing Crown loan, strengthen its balance sheet, improve liquidity and help position Air New Zealand for recovery. Air New Zealand’s chair, Dame […]

 


 

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