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Home/ Editorial Comment/ IAG launches $IAG launches $3.48 billion rights issue 3.48 billion rights issue 

IAG launches $IAG launches $3.48 billion rights issue 3.48 billion rights issue 

Victoria Tozer-Pennington
By Victoria Tozer-Pennington Jul 31, 2020 4 mins read
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IAG launches $IAG launches $3.48 billion rights issue 3.48 billion rights issue 

International Airlines Group (IAG) has announced a rights issue of up to €2.75bn billion to boost its liquidity and reduce leverage. Goldman Sachs, Morgan Stanley and Deutsche Bank are acting as underwriters. Qatar Airways Group, IAG's largest shareholder with a 25.1% holding), has confirmed i...

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