Cathay Pacific Airways given extension to draw down $1b govt loan

Cathay Pacific Airways given extension to draw down $1b govt loan

Photo: Cathay Pacific Twitter account.

Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to extend the drawdown period for a HK$7.8 billion ($1.01 billion) loan facility by a year to June 2022, giving it more flexibility to manage liquidity.

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