A failure by financial institutions to respond en masse to its January 2024 request for expressions of interest (EOIs) to lend it more than USD1 billion has caused Nepal Airlines (RA, Kathmandu) to reissue the EOI.

“The notice has been reissued, while all the previously received sealed EOI documents have been kept unopened,” the cover note accompanying the reissue reads.

As ch-aviation previously reported, Nepal Airlines is seeking around USD415 million to cover existing loan liabilities, USD565 million to…

Source: ch aviation
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