Holding company Český Aeroholding – which manages Czech Airlines (ČSA) and Prague Ruzyně Airport – has announced plans to issue 500 million Kč ($26.7 million/20.4 million euros) worth of five-year bonds. The funds will be used to reduce debts and finance a runway construction project. The bond issue is part of a 10-year bond program worth 10 billion Kč that will replace the original bond program of the airport, which issued around 15 billion Kč worth of bonds over 10 years.

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