Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers C > Headlines for China Southern Airlines Co. Ltd. > News item |
China Southern Airlines seeks approval to issue debt instruments
Chicago, April 8 – China Southern Airlines Co. Ltd. is seeking shareholder approval to issue debt financing instruments, according to a notice regarding an upcoming annual general meeting.
The debt financing instruments may include corporate bonds, ultra-short-term financing bills, short-term financing bills and midterm notes.
Debt may be issued by the company or any of its controlled or wholly owned subsidiaries.
Tenors may not be more than 15 years, if approved.
Proceeds will be used for meeting demands of the company’s production and operations, adjusting its debt structure, replenishing working capital and/or investments in projects.
The airline is based in Guangzhou, China.
© 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.