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AirAsia plans US$1b bond programme to finance debt and buy planes

Thursday, January 7, 2016 - 05:50

Kuala Lumpur

AIRASIA Bhd, South-east Asia's biggest budget carrier, plans to raise as much as US$1 billion under a multi-currency medium-term note programme to refinance debt and buy airplanes after last year's plunge in the Malaysian ringgit pushed the carrier to a third-quarter net loss

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