Hainan Airlines begins marketing sale of yuan-denominated bonds in HK
Hainan Airlines Co. began marketing a sale of three-year, yuan-denominated bonds in Hong Kong at a yield around the 6 percent area, according to a person familiar with the matter.
The senior unsecured notes may be sold as early as this week, the person said, asking not to be identified as details are private. Deutsche Bank AG and JPMorgan Chase & Co. have been hired to manage the sale, assisted by Hong Kong International Securities Ltd., the person said.
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