Cathay Pacific seeks consent for extension option

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By Pan Yue
16 Sep 2020

Cathay Pacific Airways is asking lenders’ consent to exercise the extension option on a 2017 loan.

That $350m three year deal is maturing in December. It has two extension options of one year each.

The Hong Kong airline company is required to gain consent from all the banks to use the first extension option. It plans to pay back banks that do not ...

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