Thai Airways launches debt-to-equity conversion as part of rehab plan


Image from The Nation Thailand/ANN

BANGKOK (The Nation Thailand/ANN): Thai Airways International (THAI) is going ahead with its capital restructuring plan as part of its business rehabilitation process.

Following the Securities and Exchange Commission (SEC)’s approval of its securities offering registration statement and draft prospectus on Monday, THAI is now set to implement its debt-to-equity conversion plan.

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Thai Airways , Plan , Debt Restructure

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