Latvian state-owned carrier airBaltic (BT, Riga) has about half a year left to find EUR200 million euros (USD215.5 million) to repay investors who bought bonds the company issued in 2019. The task is doable, CEO Martins Gauss said in an interview on the LTV (Latvijas Televīzija) programme De Facto on the evening of Sunday, February 11, but the state may have to help.

Repaying the debt is a prerequisite for the company’s much anticipated listing on the Nasdaq Riga stock exchange, which is planned…

Source: ch aviation
Read more: Latvia’s airBaltic has six months to repay €200mn