Asia/Pacific

Cebu Air raises $250 million from private convertible bond offering

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Cebu Air raises $250 million from private convertible bond offering

Cebu Air has raised $250 million from a private offering of convertible bonds. The airline signed an agreement with International Finance Corp., the IFC Emerging Asia Fund and Indigo Philippines, an affiliate of Indigo Partners, for the private placement of $250 million in convertible bonds. The nu...

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