Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

Financial Market
 Search News  Or
Tianjin Airlines to issue RMB 500 mln bills

Apr. 11, 2012 (China Knowledge) - Tianjin Airlines Ltd, a Tianjin-based carrier set up by Hainan Airlines Group and the Tianjin Municipal Government, has said it will issue RMB 500 million worth of 365-day unsecured bills on the interbank market on Apr. 17.

Coupon rate will be determined in the process of bookbuilding. Both value date and payment due date is Apr. 18, and the to-be-issued bills tradable on Apr. 19.

Proceeds from the issue will be used to repay bank loans and replenish working capital, said the issuer.

Shanghai Brilliance Credit Rating & Investors Service Co Ltd has rated the issuer and bills A+ and A-1, respectively.

Bank of Beijing Co Ltd<601169> has been assigned as the lead underwriter and bookrunner. China Development Bank will be the joint lead underwriter.

This will be the issuer's first short-term bill this year, sources reported.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved