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Air Canada Announces Closing of Offering of Shares

Direct News Source

Air Canada (TSX: AC) (the "Company") announced today the closing of its previously announced overnight marketed public offering of 35,420,000 Class A Variable Voting Shares and/or Class B Voting Shares of the Company ("Shares") at a price to the public of C$24.00 per Share, for aggregate gross proceeds of approximately C$850 million (the "Offering").

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This press release was sourced from Air Canada on 30-Dec-2020.