Thursday 28 January 2021

Cathay Pacific shares plunge as bond sale announced to stem cash crisis

Shares in Hong Kong's marquee carrier Cathay Pacific plunged on Thursday after the struggling airline unveiled a HK$6.7 billion (US$870 million) bond sale to try to stem its rampant cash burn.

source https://techxplore.com/news/2021-01-cathay-pacific-plunge-bond-sale.html