Cebu Air Inc., the firm behind carrier Cebu Pacific, has set the price range for its planned P12.5 billion rights offering of convertible preferred shares mainly to pay for debt. In a disclosure to the Philippine Stock Exchange, Cebu Air said the offer price range for...
Cebu Air Inc., the carrier operating under the name Cebu Pacific (CEB), has secured the approval of its shareholders for plans to raise about US$500 million from the issuance of convertible bonds and preferred shares. In disclosures to the Philippine Stock Exchange, the firm said its...