China Southern Airlines announced (20-Sep-2020) it received China Securities Regulatory Commission approval regarding its public issuance of convertible bonds. The contents of the approval are as follows:
- Public issuance of convertible bonds with a total amount of CNY16 billion (USD2.4 billion) and a term of six years;
- The approval shall be valid within 12 months from the date of the approval of issue. [more - original PR]