CompaniesZero-interest fundraising move expected to transfer nearly 6% of airline to bondholdersHong Kong carrier Cathay Pacific's controlling shareholder, Swire, is using the airline to raise funds. (Photo by Yuki Kohara)KENJI KAWASEJune 10, 2026 13:10 JSTTOKYO -- Hong Kong conglomerate Swire Pacific said it will raise around $600 million by issuing a bond exchangeable for shares of its subsidiary, Cathay Pacific Airways.
Swire dangles Cathay shares in $600m convertible bond issuance
Zero-interest fundraising move expected to transfer nearly 6% of airline to bondholders
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