Posts tagged: IAG

Cash calls - who is next? - Part 20

Thursday, 12 November 2020, 6:27 pm

Scribblers at Goldman Sachs managed to generate some decent publicity for themselves yesterday by talking up (or is it puffing up) British Airways owner International Consolidated Airlines Group.

As a result, the shares flew (no pun intended) and some market reporters, such as Tom Howard of The Times, led their reports with the broker's bullish predictions about IAG's prospects...

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Cash calls - who is next? - Part 13

Wednesday, 24 June 2020, 10:59 pm

So, it looks like Betaville will have to remove easyJet from the "cash calls - who is next?" list after the low cost airline announced an emergency placing to raise up to £450 million this evening...

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Tags: easyJet, IAG

IAG and easyJet could tap equity market for fresh funds, say Citigroup analysts - Part 3

Tuesday, 5 May 2020, 4:33 pm

Citigroup is today telling clients easyJet will have to launch a major cash call to raise between £700 million and a £1 billion.

Mark Manduca - airlines analyst at Citigroup, and son of City grandee and Prudential chairman Paul Manduca - reckons there is now a "high" probability the budget airline will have to carry out a rights issue in the coming weeks or months...

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Cash calls - who is next? - Part 4

Wednesday, 29 April 2020, 7:10 am

There is talk circulating the London market that one of Britain's biggest companies is set to launch a large cash call.

Reliable people familiar with the matter said the mystery company, thought to be in the FTSE 100 index, said the equity capital fundraising could be imminent.

However, it's not clear which blue chip company is going to kick off the rights issue or placing. If you think you have an idea, do get in touch via the usual channels, such as ben@betaville.co.uk...

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IAG and easyJet could tap equity market for fresh funds, say Citigroup analysts - Part 2

Tuesday, 28 April 2020, 7:47 am

Sir Stelios is WILLING to back a cash call at easyJet IF the airline cancels the £4.5 billion Airbus order, and throws out its chairman and chief executive.

I just needed to clear that point up following last week's Betaville piece, which suggested Sir Stelios might not be happy about a potential equity capital raising at easyJet...

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Cash calls - who is next?

Friday, 17 April 2020, 8:09 am

Betaville is in a bit of a grump.

Now, you might ask why given what's going on in the world. Well, yes, that's fair enough - there are more important things happening in the world than the daily cut and thrust of unveiling the secret deals going down in the City of London...

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