June 26 (Reuters) - Qantas Airways Ltd QAN.AX :
* QANTAS COMPLETES A$1,360M INSTITUTIONAL PLACEMENT
* SHARES EXPECTED TO RESUME TRADING ON ASX FROM MARKET OPEN ON 26 JUNE
* ABOUT 94% OF PLACEMENT SHARES WERE ALLOCATED TO EXISTING SHAREHOLDERS
* DEMAND TO PARTICIPATE IN PLACEMENT SIGNIFICANTLY IN EXCESS OF FUNDS THAT QANTAS SOUGHT TO RAISE
* PLACEMENT SHARES ARE EXPECTED TO SETTLE ON 30 JUNE AND BE ISSUED AND COMMENCE TRADING ON ASX ON A NORMAL BASIS ON 1 JULY