Air NZ reveals giant $2.2 billion capital raising plan - 1News

The airline hopes to raise $1.2 billion through an offer that will allow eligible shareholders to purchase two new shares for every share they own at 53 cents per share.

Air New Zealand has announced a package it hopes will raise enough capital to pay back a loan from the Government which was used to keep the airline afloat during the Covid-19 pandemic. (Source: 1Ne… [+2109 chars]

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