Latest News for: Raise more cash

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Evergrande: Crisis-hit developer raises more cash as new deadline looms

BBC News 09 Nov 2021
Cash-strapped Chinese real estate giant Evergrande has raised around $145m (£107m) just before a deadline for a fresh debt interest payment ... Evergrande owned a majority stake in HengTen at the beginning of this year, but has since made a number of share sales as it tries to raise money to meet its financial commitments.
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China Evergrande Raises More Cash From Tech Company Stake Sale

Wall Street Journal 08 Nov 2021
... company, scraping together more cash as additional bond-payment deadlines loom.
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Upstart airline Flyr to raise more cash after Q3 loss

FX Empire 08 Nov 2021
OSLO (Reuters) – Norwegian airline Flyr, which launched its first flight in late June, earned far less revenue than expected in the third quarter and now plans to raise more cash, the carrier said on Monday, triggering a sharp fall in its shares.
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Indebted Evergrande set to raise more cash from partial sale of its property services unit

CNBC 04 Oct 2021
Buckling under the weight of more than $300 billion in debt, Evergrande has been trying to offload stakes in other assets ... .
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BA owner could soon raise more cash from shareholders

This is Money 11 Sep 2021
British Airways owner IAG could raise more cash from shareholders within weeks to shore up its battered finances ... In July last year, IAG said it would raise £2.5billion – five weeks after easyJet's earlier £450million cash call.
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BA owner could soon raise more cash from shareholders - as airline's former boss says ...

The Daily Mail 11 Sep 2021
British Airways owner IAG could raise more cash from shareholders within weeks to shore up its battered finances ... Another cash call? In July last year, IAG said it would raise £2.5bn ... IAG has raised more than €7billion during the pandemic including through BA's £2billion Export Finance loan and an €825million convertible bond.
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Klarna valued at $45.6bn after raising more cash from SoftBank

The National 10 Jun 2021
Klarna is raising fresh funds from investors led by SoftBank that values the Swedish FinTech startup at $45.6 billion, months after two separate investment rounds have sent the company’s valuation soaring. The Stockholm-based company, which is already Europe’s most valuable startup, raised $639 million in new equity funding, it said on Thursday.
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Klarna valued at $45.6 billion after raising more cash from SoftBank

The National 10 Jun 2021
Klarna is raising fresh funds from investors led by SoftBank that values the Swedish FinTech startup at $45.6 billion, just months after two separate investment rounds have sent the company’s valuation soaring ... Klarna in March raised $1bn at a valuation of $31bn, tripling its price from a previous round in September ... Read More.
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US fintech Pipe valuation hits $2bn as it raises more cash

Business Day 19 May 2021
... its platform, said on Wednesday it had raised $250m at a valuation of $2bn.
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Scotgold to raise more cash amid fresh woes at Cononish gold mine in Trossachs park

The Scotsman 27 Apr 2021
Scotgold Resources has resolved “technical issues” at its Cononish gold and silver mine near Tyndrum but will need to raise yet more money before ramping up production ....
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ZeroAvia raises more cash for zero-emission hydrogen plane plan

Reuters 16 Dec 2020
Hydrogen plane startup ZeroAvia said on Wednesday ...
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Coronavirus curbs could force BA owner IAG to raise more cash

This is Money 30 Oct 2020
British Airways-owner IAG warned it could need to raise even more cash if there are prolonged, sweeping lockdowns after it ...
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Piedmont raises more cash

Mining Weekly 26 Oct 2020
... American depositary shares (ADSs), raising an additional A$10.6-million.
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AMC Shares Plummet 13% As It Attempts To Raise More Cash To Avoid Chapter 11 Bankruptcy

Forbes 20 Oct 2020
Barring a swift reversal of fortune for the embattled theater industry, AMC is forecasting its cash will be "largely depleted" as soon as the end of this year if it doesn't raise more cash through a stock offering ... .
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