KUALA LUMPUR: AirAsia Group Bhd has clarified that its planned fundraising exercises, comprising up to US$1bil in international debt markets and RM700mil in local credit facilities, are primarily targeted at debt restructuring or refinancing and balance sheet consolidation, rather than purely funding operational shortfalls.
In a statement, the group said this strategy aligns with previous public disclosures regarding capital structure optimisation.
“Demonstrating execution capability and market confidence, the group successfully raised US$300mil in March 2026, at the height of global market escalations and fuel volatility, to proactively extend debt tenures and reduce principal obligations,” it further said.
AirAsia explained that the primary objective of the funding strategy was to consolidate multiple existing facilities.
