Finance

AirAsia secures new five-year loan

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AirAsia secures new five-year loan

AirAsia Berhad (AAB) has secured a five-year term loan facility of up to US$150.0 million offered by an unnamed financial institution. The proceeds will be used to fund aircraft and engine maintenance cost and the working capital requirements of AAB The term loan is secured by, inter-alia, a corpora...

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