Cathay Pacific given extension to draw down $1 billion government loan_老虎社区_美港股上老虎

Cathay Pacific given extension to draw down $1 billion government loan

StreetInsider2021-06-08

(Reuters) -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, ...

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Yuyu1988
·2021-06-08
Wow, nice!
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RichTee
·2021-06-08
Nice
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2
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TeslaLegend
·2021-06-08
Please like and comment. Thanks!
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1
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DesmondChin
·2021-06-08
Everyone can fly again next year
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SeanInvest
·2021-06-08
I guess travel in 2022...
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- Bull_Lion:
  There is no hope. 2023 maybe 😀
  2021-06-08
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- A2Hong:
  Ye man
  2021-06-08
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PSChoong
·2021-06-08
Long way to recover for airlines industry [流泪]
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5
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- Bull_Lion:
  Unfortunately so
  2021-06-08
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- PSChoong:
  Why unfortunately?
  2021-06-08
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- Bull_Lion:
  For those who own airline stocks
  2021-06-08
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查看更多 2 条评论
MT103
·2021-06-08
Just reopen travel and make everyone happy.
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2
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zzhuizizi
·2021-06-08
[Cry]
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4
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Clarity
·2021-06-08
[Miser] [Miser] [Miser]
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5
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- Prydeaux:
  Hi
  2021-06-08
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shaoji
·2021-06-08
Like and comment please
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- Clarity:
  Reply please!
  2021-06-08
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- Sebas997:
  ok reply done
  2021-06-08
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href=https://www.streetinsider.com/dr/news.php?id=18530876><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -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, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The 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and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta 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-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, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are 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Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117197250","repostId":2141251669,"repostType":4,"repost":{"id":"2141251669","pubTimestamp":1623118680,"share":"https://www.laohu8.com/m/news/2141251669?lang=&edition=full","pubTime":"2021-06-08 10:18","market":"hk","language":"en","title":"Cathay Pacific given extension to draw down $1 billion government loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2141251669","media":"StreetInsider","summary":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex","content":"<p>(Reuters) -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.</p><p>The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.</p><p>Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.</p><p>Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathay Pacific given extension to draw down $1 billion government loan</title>\n<style 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2022, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are still largely shut.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":117195071,"gmtCreate":1623120878393,"gmtModify":1634036714416,"author":{"id":"3578983795474363","authorId":"3578983795474363","name":"DesmondChin","avatar":"https://static.tigerbbs.com/b90cb6b6a6c328ac8d02a829e5e7c835","vip":1,"hat":"https://static.tigerbbs.com/46b6808e1ba3716fb9c53339adffa3c5","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3578983795474363","idStr":"3578983795474363"},"htmlText":"Everyone can fly again next year","listText":"Everyone can fly again next year","text":"Everyone can fly again next year","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117195071","repostId":2141251669,"repostType":4,"repost":{"id":"2141251669","pubTimestamp":1623118680,"share":"https://www.laohu8.com/m/news/2141251669?lang=&edition=full","pubTime":"2021-06-08 10:18","market":"hk","language":"en","title":"Cathay Pacific given extension to draw down $1 billion government loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2141251669","media":"StreetInsider","summary":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex","content":"<p>(Reuters) -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.</p><p>The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.</p><p>Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.</p><p>Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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href=https://www.streetinsider.com/dr/news.php?id=18530876><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -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, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are still largely shut.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":117104587,"gmtCreate":1623120309649,"gmtModify":1631890203589,"author":{"id":"3582665698210387","authorId":"3582665698210387","name":"SeanInvest","avatar":"https://static.tigerbbs.com/08e14b09f31938b73b913001596756c6","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582665698210387","idStr":"3582665698210387"},"htmlText":"I guess travel in 2022...","listText":"I guess travel in 2022...","text":"I guess travel in 2022...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/117104587","repostId":2141251669,"repostType":4,"repost":{"id":"2141251669","pubTimestamp":1623118680,"share":"https://www.laohu8.com/m/news/2141251669?lang=&edition=full","pubTime":"2021-06-08 10:18","market":"hk","language":"en","title":"Cathay Pacific given extension to draw down $1 billion government loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2141251669","media":"StreetInsider","summary":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex","content":"<p>(Reuters) -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.</p><p>The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.</p><p>Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.</p><p>Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathay Pacific given extension to draw down $1 billion government loan</title>\n<style 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2022, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are still largely shut.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4627192,"gmtCreate":1623120459121,"gmtModify":1635332672160,"authorId":3573540190522229,"author":{"id":3573540190522229,"idStr":"3573540190522229","authorId":3573540190522229,"name":"Bull_Lion","avatar":"https://static.tigerbbs.com/97c7d011186160cd333508e7d9191f74","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":117104587,"type":1,"supId":0,"prevId":0,"content":"There is no hope. 2023 maybe 😀","text":"There is no hope. 2023 maybe 😀","html":"There is no hope. 2023 maybe 😀"},{"id":4627244,"gmtCreate":1623120654892,"gmtModify":1635332667013,"authorId":3575977247479835,"author":{"id":3575977247479835,"idStr":"3575977247479835","authorId":3575977247479835,"name":"A2Hong","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":117104587,"type":1,"supId":0,"prevId":0,"content":"Ye man","text":"Ye man","html":"Ye man"}],"langContent":"EN"},{"id":117106462,"gmtCreate":1623120185456,"gmtModify":1634036721546,"author":{"id":"3581687469376937","authorId":"3581687469376937","name":"PSChoong","avatar":"https://static.tigerbbs.com/ffd39f1581243a7dc91c880d3bcaf308","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3581687469376937","idStr":"3581687469376937"},"htmlText":"Long way to recover for airlines industry&nbsp;[流泪]&nbsp;","listText":"Long way to recover for airlines industry&nbsp;[流泪]&nbsp;","text":"Long way to recover for airlines industry [流泪]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/117106462","repostId":2141251669,"repostType":4,"repost":{"id":"2141251669","pubTimestamp":1623118680,"share":"https://www.laohu8.com/m/news/2141251669?lang=&edition=full","pubTime":"2021-06-08 10:18","market":"hk","language":"en","title":"Cathay Pacific given extension to draw down $1 billion government loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2141251669","media":"StreetInsider","summary":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex","content":"<p>(Reuters) -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.</p><p>The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.</p><p>Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.</p><p>Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathay Pacific given extension to draw down $1 billion government loan</title>\n<style 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2022, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are still largely shut.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4627203,"gmtCreate":1623120482571,"gmtModify":1635332671254,"authorId":3573540190522229,"author":{"id":3573540190522229,"idStr":"3573540190522229","authorId":3573540190522229,"name":"Bull_Lion","avatar":"https://static.tigerbbs.com/97c7d011186160cd333508e7d9191f74","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":117106462,"type":1,"supId":0,"prevId":0,"content":"Unfortunately so","text":"Unfortunately so","html":"Unfortunately so"},{"id":4630280,"gmtCreate":1623137818120,"gmtModify":1635332393083,"authorId":3581687469376937,"author":{"id":3581687469376937,"idStr":"3581687469376937","authorId":3581687469376937,"name":"PSChoong","avatar":"https://static.tigerbbs.com/ffd39f1581243a7dc91c880d3bcaf308","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":117106462,"type":1,"supId":4627203,"prevId":0,"content":"Why unfortunately?","text":"Why unfortunately?","html":"Why unfortunately?"},{"id":4631688,"gmtCreate":1623144705640,"gmtModify":1635332281095,"authorId":3573540190522229,"author":{"id":3573540190522229,"idStr":"3573540190522229","authorId":3573540190522229,"name":"Bull_Lion","avatar":"https://static.tigerbbs.com/97c7d011186160cd333508e7d9191f74","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":117106462,"type":1,"supId":4627203,"prevId":0,"content":"For those who own airline stocks","text":"For those who own airline stocks","html":"For those who own airline stocks"},{"id":4651097,"gmtCreate":1623246589939,"gmtModify":1635330647547,"authorId":3581687469376937,"author":{"id":3581687469376937,"idStr":"3581687469376937","authorId":3581687469376937,"name":"PSChoong","avatar":"https://static.tigerbbs.com/ffd39f1581243a7dc91c880d3bcaf308","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3573540190522229,"repliedAuthor":{"id":3573540190522229,"idStr":"3573540190522229","authorId":3573540190522229,"name":"Bull_Lion","avatar":"https://static.tigerbbs.com/97c7d011186160cd333508e7d9191f74","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":117106462,"type":1,"supId":4627203,"prevId":4631688,"content":"Will return but just take at least 5yrs... Haha so must have strong holding <u>power</u>","text":"Will return but just take at least 5yrs... Haha so must have strong holding <u>power</u>","html":"Will return but just take at least 5yrs... Haha so must have strong holding <u>power</u>"},{"id":4656259,"gmtCreate":1623281423402,"gmtModify":1635330257873,"authorId":3573540190522229,"author":{"id":3573540190522229,"idStr":"3573540190522229","authorId":3573540190522229,"name":"Bull_Lion","avatar":"https://static.tigerbbs.com/97c7d011186160cd333508e7d9191f74","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":117106462,"type":1,"supId":4627203,"prevId":0,"content":"Thats the thing. i’m not patient enough to wait 5 years for airlines. Will invest in others","text":"Thats the thing. i’m not patient enough to wait 5 years for airlines. Will invest in others","html":"Thats the thing. i’m not patient enough to wait 5 years for airlines. Will invest in others"}],"langContent":"CN"},{"id":117108764,"gmtCreate":1623120142058,"gmtModify":1631884220703,"author":{"id":"3582627680210298","authorId":"3582627680210298","name":"MT103","avatar":"https://static.tigerbbs.com/0444eb80cd59e967bc90239dbe923661","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582627680210298","idStr":"3582627680210298"},"htmlText":"Just reopen travel and make everyone happy.","listText":"Just reopen travel and make everyone happy.","text":"Just reopen travel and make everyone happy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/117108764","repostId":2141251669,"repostType":4,"repost":{"id":"2141251669","pubTimestamp":1623118680,"share":"https://www.laohu8.com/m/news/2141251669?lang=&edition=full","pubTime":"2021-06-08 10:18","market":"hk","language":"en","title":"Cathay Pacific given extension to draw down $1 billion government loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2141251669","media":"StreetInsider","summary":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex","content":"<p>(Reuters) -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.</p><p>The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.</p><p>Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.</p><p>Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta 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-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, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are 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loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2141251669","media":"StreetInsider","summary":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex","content":"<p>(Reuters) -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.</p><p>The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.</p><p>Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.</p><p>Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta 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-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, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are 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given extension to draw down $1 billion government loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2141251669","media":"StreetInsider","summary":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex","content":"<p>(Reuters) -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.</p><p>The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.</p><p>Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.</p><p>Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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href=https://www.streetinsider.com/dr/news.php?id=18530876><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -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, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are still largely shut.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4626970,"gmtCreate":1623119432951,"gmtModify":1635332693370,"authorId":3562844889124170,"author":{"id":3562844889124170,"idStr":"3562844889124170","authorId":3562844889124170,"name":"Prydeaux","avatar":"https://static.tigerbbs.com/4e1751a4d4fac98d06d321ef6407add9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":117344410,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"EN"},{"id":117342778,"gmtCreate":1623119050994,"gmtModify":1634036733529,"author":{"id":"3561072096203079","authorId":"3561072096203079","name":"shaoji","avatar":"https://static.tigerbbs.com/fb6398d4509a4b0dab2e079bf75c0660","vip":1,"crmLevel":4,"crmLevelSwitch":0,"authorIdStr":"3561072096203079","idStr":"3561072096203079"},"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/117342778","repostId":2141251669,"repostType":4,"repost":{"id":"2141251669","pubTimestamp":1623118680,"share":"https://www.laohu8.com/m/news/2141251669?lang=&edition=full","pubTime":"2021-06-08 10:18","market":"hk","language":"en","title":"Cathay Pacific given extension to draw down $1 billion government loan","url":"https://stock-news.laohu8.com/highlight/detail?id=2141251669","media":"StreetInsider","summary":"(Reuters) -Cathay Pacific Airways Ltd said on Tuesday that the Hong Kong government had agreed to ex","content":"<p>(Reuters) -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.</p><p>The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.</p><p>Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.</p><p>Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.</p><p>The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.</p><p>The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.</p><p>Both airlines lack domestic markets at a time when international borders are still largely shut.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathay Pacific given extension to draw down $1 billion government loan</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathay Pacific given extension to draw down $1 billion government loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-08 10:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18530876><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -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, ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18530876\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00293":"国泰航空"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18530876","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2141251669","content_text":"(Reuters) -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.The bridge loan was part of a $5 billion rescue package led by the Hong Kong government and Cathay's major shareholders Swire Pacific Ltd and Air China Ltd last year to help the airline weather the COVID-19 crisis.Cathay Chief Executive Augustus Tang said in a statement the airline had not yet drawn down on the loan as it adopted a suite of measures to save cash, but the extension would give it more flexibility to manage its liquidity position.Cathay had HK$28 billion of liquidity as of December 2020 and also raised HK$6.74 billion from a convertible bond issue in February and $650 million in a bond issue last month.The airline's move to access as much liquidity as possible at a time when passenger numbers are down by more than 99% from 2019 levels follows a decision by rival Singapore Airlines Ltd last month to issue S$6.2 billion ($4.69 billion) of convertible bonds.The Singapore Airlines convertible bonds, underwritten by majority shareholder Temasek Holdings, were an optional part of a state investor-led S$15 billion rescue package announced last year.Both airlines lack domestic markets at a time when international borders are still largely 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