Slaughter and May is advising Cathay Pacific Airways Limited on its proposed repurchase of the 2.75% guaranteed convertible bonds due 2026 issued by Cathay Pacific Finance III Limited in a total outstanding principal amount of HK$6,732,000,000, including on its successful application to the Securities and Futures Commission of Hong Kong for a waiver from compliance with the provisions of the Code on Share Buy-backs. Cathay is listed on the Hong Kong Stock Exchange (stock code: 293) and one of its principal business activities is the operation of scheduled airline services.

Source: The North Africa Journal November 18, 2024 11:00 UTC