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Japanese airline ANA looks to raise $4.7 billion capital from banks

Japanese airline ANA looks to raise $4.7 billion capital from banks

ANA Holdings Inc, a Japanese airline company is reportedly in talks with multiple banks in order to raise capital of upto $4.7 billion following the slump seen in the aviation sector due to the novel coronavirus pandemic. Private banks and the government led Development Bank of Japan have been approached by the company with a request to issue subordinated loans.

Sandra
Sandra
Top in Business