Defence Notes

Air Berlin decreases net debt, enhances liquidity

21st August 2009 - 10:30 GMT | by The Shephard News Team

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Air Berlin has placed a convertible bond amounting to €125 million with institutional investors outside of the US, Canada, Australia and Japan. Part of the inflowing capital will be used to repurchase existing bonds in the amount of €90 million (nominal value), the remaining €70 million will be used to ...

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