REG - Intl Con Airline Grp - IAG converts loan into a 20% stake in Air Europa

International Consolidated Airlines SAAnnouncement

16/08/2022 09:45

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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 €100 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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