So will debt market rates fall below those of bank credits? UTair, for one, says that if they do then they will issue RUB3bn (US$87.2m) of bonds. This is just one airline of many watching to see where the market takes them. Meanwhile Hong Kong Airlines is watching the markets to see if the going will be fair for its plans to launch a dual-currency initial public offering, with a US$500 million Yuan-Hong Kong dollar float during 4Q 2014. The airline, wisely, has not yet filed a listing application and has not yet decided on the final structure of if
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