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Qantas Air joins record airline rush to issue debt

Bloomberg Qantas Airways Ltd is marketing an Australian dollar bond, joining a record global wave of airline debt issuance to build up cash buffers as the Covid-19 pandemic pummels air travel. The Australian airline is looking to price a 10-year note at an indicative coupon of around 5.25%, according to a person familiar with the matter who asked not to ...

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Saks faces eviction in Miami over $1.9mn in unpaid rent

Bloomberg An upscale Miami-area shopping mall is moving to evict Saks Fifth Avenue, saying the retailer hasn’t paid rent since March 16 and owes about $1.9 million. Saks told its landlord, Bal Harbour Shops LLC, in August that it couldn’t make lease payments on its three-level retail store due to the effects of the Covid-19 pandemic, according to a lawsuit ...

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Ghana is reopening its main airport

Bloomberg Ghana is reopening its main airport to international flight passengers from September 1 after putting in place new measures to help curb the spread of the coronavirus. Any passenger arriving in Ghana will have to present a negative Covid-19 result, taken no more than 72 hours before departure from the country of origin, President Nana Akufo-Addo said in a ...

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