Reuters: Money News: AirAsia X launches up to $370 mln Malaysian IPO

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AirAsia X launches up to $370 mln Malaysian IPO Jun 10th 2013, 04:04 HONG KONG (Reuters) - Long-haul carrier AirAsia X, founded by entrepreneur Tony Fernandes, launched on Monday an up to $370 million initial public offering in Malaysia, seeking to raise funds to repay bank loans and for capital expenditures, according to a term sheet of the deal seen by Reuters.

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