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