Flight Centre Travel Group has priced a A$450 million convertible notes offering with a 2.5% coupon and a 37.5% conversion premium, while repurchasing A$225 million of existing notes to streamline its capital structure.
Flight Centre Travel Group has launched a A$450 million convertible notes offering due 2032, aiming to repurchase up to A$325 million of existing notes and support its growth ambitions with extended debt maturity.