$1bn loan sends Qantas shares soaring
A $1.05bn loan secured by Qantas to help the airline see through the coronavirus crisis has sent its share price soaring, closing up 26 per cent at $3.27.
Provided by 10 local and offshore lenders including Australia’s big four banks, the loan was made against seven near new Boeing 787-9 aircraft for which Qantas paid cash.
https://www.theaustralian.com.au/bus...7ec407e5d940c?