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Prospect News home > News index > List of issuers A > Headlines for Air China Ltd. > News item
Published on 3/30/2016 in the Prospect News Emerging Markets Daily.

Air China proposes to issue up to RMB 12 billion corporate bonds

By Marisa Wong

Morgantown, W.Va., March 30 – Air China Ltd. announced it plans to issue up to RMB 12 billion of corporate bonds with maturities of no more than five years in one or more tranches.

Proceeds will be used to meet business operation needs, replenish working capital and repay debt.

The airline is based in Beijing.


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