Airline

Capital raising by American a “liquidity grab” – Cowen

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Capital raising by American a “liquidity grab” – Cowen

Moves by American Airlines to raise cash via a “trifecta” of equity, convertible bonds and debt raises is a “liquidity grab” by the carrier to tap markets while there is still appetite by investors for aviation, according to analysts Cowen. American will raise $4 billion in liquidity through...

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