By Marisa Wong
Madison, Wis., March 19 - Hainan Meilan International Airport Co. Ltd. said it completed the issuance of RMB 800 million of domestic corporate bonds on Monday.
The bonds were priced at par and were offered to institutional investors in China.
The company announced in September that it planned to issue up to RMB 900 million of fixed-rate bonds with a maturity of five to seven years.
Proceeds will be used to meet medium- to long-term development capital needs and to improve capital structure.
The airport is located in Haikou, China.
| Issuer: | Hainan Meilan International Airport Co. Ltd.
|
| Issue: | Fixed-rate domestic corporate bonds
|
| Amount: | RMB 800 million
|
| Maturity: | Five to seven years
|
| Price: | Par of RMB 100
|
| Settlement date: | March 19
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
