In an SEC filing today, China Eastern Airlines (CEA) has stated its intention to issue CNY 2.2 billion ($359 million) in bonds with a 3.86% interest rate. “The Board is pleased to announce that on 29 May 2013, the Company, the Issuer (a wholly-owned subsidiary of the Company) and the Joint Lead Managers entered into the Subscription Agreement in relation to the issue of RMB2.2 billion 3.875% guaranteed bonds due 2016 by the Issuer.” The issuer of the bonds is Eastern Air Overseas (Hong Kong) Corporation Limited, a wholly-owned subsidiary of the Company. The closing date for the three-year bonds

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In