Jet2 has raised £525 million in recent funding because the leisure operator awaits a extra substantial reopening of the UK vacation market.
A lot of the money got here within the type of roughly £375 million in assured senior unsecured unrated convertible bonds.
On the identical time, the corporate has agreed a brand new £150 million mortgage.
Jet2 has raised near £1 billion in liquidity from a diversified vary of funding sources over the previous 12 months because it seeks to mitigate the impacts of the Covid-19 pandemic.
This consists of £200 million from a Covid Company Financing Facility supplied by the Financial institution of England.
The corporate is at present planning to restart operations later this month, although the date has been repeatedly delayed.
