International bonds: Cathay Pacific Airways, 4.875% 17aug2026, USD (XS2333657422) (2024)

FAQs

What is the price of Cathay Pacific convertible bonds? ›

As a result of the declaration of the 2023 Dividend, the Conversion Price of the Convertible Bonds will, pursuant to the terms and conditions of the Convertible Bonds, be adjusted from HK$8.57 per Share to HK$8.12 per Share with effect from 6th April 2024, being the date immediately after the 2023 Dividend Record Date.

For me, yes. It's worth paying that bit extra to know you're going to be comfortable on a plane, not crammed into a middle seat fighting for elbow space.

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Cathay Pacific is a member of the oneworld global airline alliance. Click here for more on oneworld.

Purchase. The purchase of convertible debt is not a taxable event to the holder unless he transfers appreciated or depreciated property in exchange for the debt. Similarly, the issuer's receipt of proceeds from issuing convertible debt is not a taxable event.

Issuing convertible bonds can also help provide investors with some security in the event of default. A convertible bond protects investors' principal on the downside but allows them to participate in the upside should the underlying company succeed.

It depends on the airline you're flying with, but it is generally cheaper to upgrade to business class at the airport than it is to book a business class ticket from the outset. To upgrade at the airport, you will need to ask about availability and then pay the difference in fare.

Premium Economy passengers can access Cathay Pacific Lounges through Marco Polo or Oneworld status.

The cheapest way to get a business or first-class ticket is to buy an economy ticket then buy an upgrade. You can either do this immediately after booking or look for last-minute upgrades as your travel date approaches. The price for premium cabin fares decreases as you get closer to departure.

Cathay Pacific is a Chineese carrier. This airline is rated amount the Top 3 carriers on Flight-Report. Frequent travelers give the airline an average rating of 8.4/10.

Who owns Cathay Pacific airlines? ›

As of March 2024, its major shareholders are Swire Pacific with a 45% stake, Air China with 30% and Qatar Airways with 9.9%. Cathay Pacific is one of the founding members of Oneworld alliance. The airline is ranked as a 5-star airline and has been ranked as the world's best airline four times by Skytrax.

What is a preferred seat? Preferred seats are located closer to the front of the Economy cabin. If you prefer to sit closer to the front of the Economy cabin, choose one of our preferred seats.

There are a few reasons for this. Firstly, Cathay Pacific is a Hong Kong-based airline that has a reputation for being one of the highest end carriers in the world. They offer premium service, first-class cabins, and luxury amenities - all of which comes at a premium price.

Cathay Pacific is now going by the single moniker 'Cathay' for its global master brand and retaining 'Cathay Pacific' for its airline. The Hong Kong carrier launched its new premium travel lifestyle brand with the first global campaign in three years. Hero image for the new 'Feel Good To Move' Cathay brand campaign.

The conversion price of the convertible security is the price of the bond divided by the conversion ratio. If the bonds par value is $1000, the conversion price is calculated by dividing $1000 by 5, or $200. If the conversion ratio is 10, the conversion price drops to $100.

To accomplish convertible bond valuations, investors may rely on the following formula: Value of convertible bond = independent value of straight bond + independent value of conversion option.

A dirty price includes accrued interest along with a bond's coupon payment. If a bond quotes between coupon payment dates, the price cited includes accrued interest up to the day of the quote. In short, a dirty bond price includes accrued interest while a clean bond price does not.

The issue price of the mandatory convertible at the time of issuance equals the price of the common stock. The trust indenture lists the conversion price, which is the price at which the debt securities are convertible into common stock at a premium to the issue price upon maturity.