08:25 AM EDT, 07/16/2026 (MT Newswires) -- International Consolidated Airlines Group (IAG.L, IAG.MC) said Thursday the holders of its outstanding 821.7 million euros of 1.125% senior unsecured convertible bonds due 2028 elected to convert their bonds under the optional redemption offer. The British Airways owner exercised its cash alternative election option to satisfy the conversion rights. The final cash alternative amount will be paid to the bondholders on Aug. 26, following which no bonds will remain outstanding.

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