AZUL Oct 2024 5.000 put
| Previous close | 1.4500 |
| Open | 1.4500 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 5.00 |
| Expiry date | 2024-10-18 |
| Day's range | 1.4500 - 1.4500 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.6k |
BloombergAzul Shares Jump After Deal With Lessors Slashes Debt
(Bloomberg) -- Azul’s shares jumped 16% in Sao Paulo trading after the Brazilian air carrier reached an agreement with its lessors and parts suppliers that helps cut its debt load.Most Read from BloombergUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsSingapore Ends 181 Years of Horse Racing to Make Way for HomesChicago’s $1 Billion Budget Hole Exacerbated by School TurmoilShould Evictions Be Banned After Hurric
ReutersBrazil's Azul eyes fresh capital raising after debt deal with lessors
SAO PAULO (Reuters) -Brazilian airline Azul is looking to raise fresh capital after it clinched a deal with lessors to scrap nearly $550 million in obligations, easing market concerns about its debt load, the firm's chief executive told Reuters on Tuesday. Shares in the carrier jumped after it announced the eagerly anticipated deal with lessors and equipment manufacturers (OEMs), agreeing to give them an equity stake to eliminate some obligations. "We had to solve this problem first and now we can raise capital," John Rodgerson said in an interview.
ZacksNew Strong Sell Stocks for October 4th
ATS, AZUL and BBC have been added to the Zacks Rank #5 (Strong Sell) List on October 4, 2024.
