LONDON, May 11 (Reuters) - British Airways-owner IAG
said it would launch a convertible bond with an initial
issue size of approximately 800 million euros due in 2028 to
strengthen its balance sheet.
IAG said that given the continuing uncertainty around air
travel the new funds would help the group's overall liquidity
position and provide the group with extra resources to take
advantage of a recovery in demand.
(Reporting by Sarah Young; editing by Paul Sandle)