Key Developments: Air China Ltd (AIRYY.PK)
17.87USD
21 May 2013
$-0.13 (-0.72%)
$18.00
$17.87
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$18.87
$11.22
Latest Key Developments (Source: Significant Developments)
Air China Ltd's Subsidiary Issues FY 2013 First Tranche of Short-term Financing Notes
Air China Ltd announced that its subsidiary, Shenzhen Airlines, has issued the first tranche of short-term financing notes for fiscal year 2013, worth RMB 700 million. The notes are each with a term of 365 days and a coupon rate of 4.33%. Bank of China and China Merchants Bank jointly served as the main underwriter. Full Article
Air China Ltd Announces Change of Accounting Auditor
Air China Ltd announced the change of accounting auditor for fiscal year 2013 from Ernst & Young to KPMG. Full Article
Air China Ltd Announces FY 2012 Dividend Payment
Air China Ltd announced that it will pay a cash dividend of RMB 0.5935 per 10 shares (pre-tax) to shareholders for fiscal year 2012. Full Article
Air China Ltd and Subsidiaries to Buy Planes from Boeing Co
Air China Ltd announced that the Company and its wholly owned subsidiary, an import and export company (Subsidiary A), have signed a contract with Boeing Co, to buy two 747-8I planes at approximately USD 320 million each, one 777-300ER at USD 300 million, and twenty 737-800 planes at USD 80 million each, as well as the option of changing four 737-800 into one 777-300ER. The Company's 51%-owned subsidiary, an airfreight company (Subsidiary B), has also signed a contract with Boeing Co to buy eight 777-F planes at approximately USD 280 million each. The planes for the Company and Subsidiary A are expected to be delivered during 2014 to 2015, while the ones for Subsidiary B will be delivered during 2013 to 2015. Full Article
Air China Ltd Completes Private Placement
Air China Ltd announced that it has completed its issuance of 192,796,331 A shares of common stock with par value of RMB 1 per share at RMB 5.45 per share, to China National Aviation Holding Company. The Company raised RMB 1,050,740,003.95 through the issuance. Full Article
Air China Ltd Issues FY 2012 First Tranche of Corporate Bonds
Air China Ltd announced that it has issued the first tranche of corporate bonds for fiscal year 2012, worth RMB 5 billion, each with par value and an issue price of RMB 100, and a coupon rate of 5.10%, on January 22, 2013. The bonds are with a term of ten years, and the interest will be paid on January 18 from 2014 to 2023. CITIC Securities CO., LTD. served as the main underwriter. Full Article
Air China Ltd to Issue FY 2012 First Tranche of Corporate Bonds
Air China Ltd announced that it will issue the first tranche of corporate bonds for fiscal year 2012, worth RMB 5 billion, each with par value and an issue price of RMB 100. The bonds will be with a term of ten years, and the interest will be paid on January 18 from 2014 to 2023. CITIC Securities CO., LTD. will serve as the main underwriter. Full Article
Air China Ltd To Issue USD800 Million Corp Bonds-Reuters
Reuters reported that Air China Ltd is set to issue up to CNY5 Billion (USD800 million) of corporate bonds on January 17, 2013. The deal will have a tenor of 10 years, and will be wrapped with a guarantee from its parent company China National Aviation Holding Company. Full Article
Air China Ltd Issues Super Short-term Financing Notes
Air China Ltd announced that it has issued the super short-term financing notes worth RMB 1,500 million. The notes are each with par value of RMB 100, a term of 270 days and an interest rate of 4.23%. Industrial and Commercial Bank of China Limited and Industrial Bank jointly served as the main underwriter. Full Article
Air China Ltd to Issue Corporate Bonds
Air China Ltd announced that it will apply to issue up to RMB 10 billion worth of corporate bonds, each with a term of up to 15 years. Full Article
RPT-Air China to buy 31 Boeing aircrafts for $4.8 bln
HONG KONG, March 1 - Air China Ltd will buy 31 aircrafts from Boeing Company to expand its fleet capacity, the firm said in an announcement filed with the Hong Kong stock exchange on Friday.
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