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LONDON, June 25 (Reuters) - Budget airline easyJet on
Thursday said it had raised about 419 million pounds ($520.5
million) through a share placing to help it withstand the
COVID-19 pandemic.
The airline said it had placed a total of 59.5 million new
ordinary shares at a price of 703 pence per share after
announcing the move after the market's close on Wednesday.
"The company is pleased by the strong support it has
received from existing shareholders and others," the airline
said in a statement.
($1 = 0.8050 pounds)
(Reporting by Alistair Smout; editing by James Davey)
