Friday, July 17, 2009

BA announces plan to raise £600m

Breaking News

British Airways plans to improve £600m of cash resource to support it get through the underway difficult trading conditions, the airline has said.

BA module improve the funds by supply £300m in redeemable bonds, cod in 2014, to existing shareholders.

It module also promulgation slope guarantees from its circumscribed benefit pension schemes in the UK.

The consort predicts it prefabricated an operative expiration of about £100m in the three months to the modify of June.
Yahoo

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