International Cons Airlines Group IAG converts loan into a 20% stake in Air Europa (1487W)
16 Agosto 2022 - 5:43AM
UK Regulatory
TIDMIAG
RNS Number : 1487W
International Cons Airlines Group
16 August 2022
INTERNATIONAL CONSOLIDATED AIRLINES GROUP, S.A.
IAG converts Globalia loan into a 20 per cent stake in Air
Europa
Further to the announcement made by International Airlines Group
('IAG') on 17 March 2022 relating to the convertible loan to
Globalia, IAG announces that it has exercised its option to
exchange the Group's EUR100 million seven-year unsecured loan to
Globalia for a 20 per cent equity stake in Air Europa.
Nicholas Cadbury
Chief Financial Officer
16 August 2022
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