1 week To weather pandemic, Cebu Air sets out to raise crucial $250M Inquirer |Biz
The Gokongwei family’s Cebu Air Inc. is moving forward with a fundraising plan to shore up its resources during the COVID-19 pandemic. The publicly listed operator of budget airline Cebu Pacific said on Friday its board of directors approved the sale of $250-million preferred shares that could be later converted to common shares. The convertible […] The post To weather pandemic, Cebu Air sets out to raise crucial $250M appeared first on Inquirer Business. ... more