Thai Airways takes debenture to pay loans

Corporate April 26, 2018 18:53

By The Nation

Thai  Airways International Plc's shareholders' meeting yesterday approved the issue of a five-year debenture worth Bt80 billion to pay back loans and buy new aircraft, a source said.

According the spending plan, Bt40 billion will be spent to pay back the loan that will expire this year until 2022, and the rest would be spent on cashflow, the source said.

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