LONDON, Might 11 (Reuters) – British Airways-owner IAG ICAG.L stated it could launch a convertible bond with an preliminary subject dimension of roughly 800 million euros due in 2028 to strengthen its steadiness sheet.
IAG stated that given the persevering with uncertainty round air journey the brand new funds would assist the group’s total liquidity place and supply the group with further sources to reap the benefits of a restoration in demand.
(Reporting by Sarah Younger; modifying by Paul Sandle)
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