British Airways, Credit: Flickr/Steve Lynes Slaughters, SullCrom Lead On British Airways Owner's €2.8B Emergency Fundraising
The new rights offering by IAG, which is supported by its majority shareholder, Qatar Airways, comes as airlines the world over attempt to stay afloat amid the coronavirus pandemic.
August 03, 2020 at 05:54 AM
2 minute read
Slaughter and May, Garrigues and Sullivan & Cromwell have picked up roles to advise British Airways' parent company, International Consolidated Airlines Group (IAG), on its plan to raise €2.75 billion from shareholders after suffering steep financial losses during the first half of the year due to the coronavirus pandemic.
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