Financial Wire

Market Chatter: Hainan Airlines Seeks As Much As 500 Million Yuan in Bond Market Return

Hainan Airlines (SHA:600221) is seeking to raise as much as 500 million yuan in a potential onshore bond offering, Bloomberg reported Friday, citing people familiar with the matter.The airline's issuance comes following a debt restructuring more than four years ago, marking its return to the bond market, according to the news outlet.Hainan Airlines representatives have connected with investors in recent weeks to gauge interest in a sale of five-year bonds, according to Bloomberg.The airline has been planning the possible bond sale for at least one year, Bloomberg said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

-- Hainan Airlines (SHA:600221) is seeking to raise as much as 500 million yuan in a potential onshore bond offering, Bloomberg reported Friday, citing people familiar with the matter.

The airline's issuance comes following a debt restructuring more than four years ago, marking its return to the bond market, according to the news outlet.

Hainan Airlines representatives have connected with investors in recent weeks to gauge interest in a sale of five-year bonds, according to Bloomberg.

The airline has been planning the possible bond sale for at least one year, Bloomberg said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)