AirAsia sets up $1b multicurrency medium-term note program to shore up finances

AirAsia sets up $1b multicurrency medium-term note program to shore up finances

REUTERS/Olivia Harris

Asia’s largest budget airline, AirAsia Bhd, has set up a $1-billion financing plan through a multicurrency medium-term note program, months after it faced calls to shore up its financing in tough operating conditions.

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