October 10, 2024 15:43 GMT
TRANSPORTATION: TAP Air Portugal (TAPTRA; Ba3/BB-) headlines on bids
TRANSPORTATION
(government owned, tabled for privatisation)
"*PORTUGAL SAYS HOLDING TALKS WITH 3 AIRLINES INTERESTED IN TAP"
Likely Lufthansa, Air-France & IAG.
€375m Dec maturity coming up, €1.2b in cash on hand - helped up by a €343m equity injection - means it could pay it down.
Keep reading...Show less
42 words