Cathay Pacific buys back warrants from Hong Kong government’s 2020 bailout By Reuters



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© Reuters. A Cathay Pacific Airbus A350 aircraft is seen in Hong Kong International Airport, in Hong Kong, China September 3, 2024. REUTERS/Tyrone Siu/File Photo

SEOUL (Reuters) – Airline Cathay Pacific has completed the buyback of all warrants worth HK$1.53 billion ($196.2 million) issued to the Hong Kong government in 2020 as part of a recapitalisation, the company said on Friday.

($1 = 7.7973 Hong Kong dollars)


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https://www.investing.com/news/stock-market-news/cathay-pacific-completes-buyback-of-warrants-worth-hk153-billion-to-hong-kong-government-3614723


Reuters

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