CANADA - Air Canada has raised more than C$1bn (US$937) in order to meet requirements for its recently amended pension and work arrangements.
The airline said in a statement that it has entered into arrangements through a series of financings with certain lenders and key stakeholders and has managed to raise more than the required $600m ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
