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An announcement from Japan Airlines Co ( (JP:9201) ) is now available.
Japan Airlines Co., Ltd. has announced the pricing of its unsecured perpetual subordinated bonds, which are intended to raise capital for acquiring new aircraft. These bonds, classified as equity financial instruments under IFRS, will not dilute existing equity shares and are rated BBB by Rating and Investment Information, Inc. and BBB+ by Japan Credit Rating Agency, Ltd. This strategic move is aimed at strengthening JAL’s operational capabilities and maintaining its competitive edge in the aviation industry.
More about Japan Airlines Co
Japan Airlines Co., Ltd. is a major player in the airline industry, primarily focusing on providing passenger and cargo air transportation services. The company is listed on the Tokyo Stock Exchange and is known for its commitment to expanding its fleet with modern aircraft, such as the Airbus A350 and Boeing 787, to enhance its service offerings.
YTD Price Performance: 12.90%
Average Trading Volume: 583
Technical Sentiment Signal: Hold
Current Market Cap: $6.91B
See more data about 9201 stock on TipRanks’ Stock Analysis page.