...

British Airways-owner IAG boosts liquidity by 2.45 billion pounds

Europe Materials 22 February 2021 12:03
British Airways-owner IAG boosts liquidity by 2.45 billion pounds

British Airways-owner IAG said it raised total liquidity by 2.45 billion pounds ($3.4 billion), reaching final agreement for a 2 billion pound loan, and through a deal to defer 450 million pounds of pension deficit contributions, Trend reports with reference to Reuters.

IAG said in a statement on Monday that it continued to explore other debt initiatives to further improve its liquidity.

Tags:
Latest

Latest