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0.0200364298724956 0.0200364298724956 0.0200364298724956 0.0321797207043109 0.0625379477838495 0.0525197328476018 0.0546448087431695 0.0525197328476018
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UPDATE 2-GSV bids $2.5 bln for Malaysia Airlines, says funded by European bank [Reuters]

JAPAN AIRLINES UNSP/ADR (JAPSY) 
NASDAQ:AMEX Investor Relations: jal.com/en/investor/index2.html
Company Research Source: Reuters
GSV bids $2.5 billion for Malaysia Airlines, says funded by European bank KUALA LUMPUR (Reuters) - Privately held Golden Skies Ventures (GSV) has made a $2.5 billion offer to fully take over the holding company of ailing state carrier Malaysia Airlines, with financing from a European bank, its executives told Reuters on Monday. GSV, which was set up by former Malaysia Airlines officials and professionals with aviation experience, made the proposal a month ago, as airlines around the world were hammered by travel restrictions following the coronavirus pandemic. “(We have secured) in excess of $2.5 billion from the bank. We will take about three to four months to get the long-term financing,” Chief Executive Shahril Lamin told Reuters in a phone interview. GSV said it also has a commitment from a Japanese private equity firm to inject immediate funds into the aviation group through an equity deal. It declined to name the firms involved, adding it was in talks with other foreign banks an Show less Read more
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