Tag Archives: fresh

Cebu Air seeks US$500m in fresh capital | News

Cebu Air seeks US$500m in fresh capital | News

Cebu Air has confirmed plans to raise up to US$500 million in additional capital to strengthen its balance sheet. The carrier is seeking to ensure that it is positioned to recover from the impact of Covid-19. The Philippines’ largest carrier gave notice to the Philippines’ stock exchange that it will be seeking approval for the […]

Saga Group to raise fresh capital in wake of Covid-19 losses | News

Saga Group to raise fresh capital in wake of Covid-19 losses | News

Saga Group has reported a loss of £55 million for the six months to the end of July as the company battles the fallout from the Covid-19 pandemic. The figure included a £60 impairment charge related to the outbreak. In response, the insurance and travel group has announced it will raise £150 million in fresh […]

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