SKY Airline, Abra Group In Talks Over Debt And Ownership
SKY Airline, a prominent low-cost carrier in Chile, is currently engaged in negotiations with bondholder Abra Group (UK) concerning its $100 million bond, which matures in Q4 2026. The bond includes a conversion option, allowing Abra to turn the debt into a 40% ownership stake in SKY. These talks could have major implications for the airline’s future ownership structure and financial independence.
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