Qantas buys some breathing space

Qantas has moved to extend the maturity of a large portion of its debt, which will provide much needed flexibility during the critical restructuring period.

Qantas’ announcement today that it will repay $450 million of debt ahead of schedule appears to be part of a major restructuring of its borrowings ahead of the massive and traumatic next wave of restructuring it is just embarking on.

It is the second early repayment of debt Qantas has made this month, with Qantas repurchasing $US254 million of debt in an earlier transaction.

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles