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Fastjet PLC update on placing of new ordinary shares

Wednesday, 1 Apr 2015 09:47am EDT

Fastjet PLC:Placed 5,000,000,000 new ordinary shares at a price of 1 pence per share to new and existing institutional, other investors and fastjet management.Says placing, raised gross proceeds of 50 million pounds.Says net proceeds from placing will be deployed in two key areas, expansion working capital and the launch and growth of operations in Kenya, South Africa, Uganda, Zambia and Zimbabwe.Also use funds raised in excess of that needed for its working capital requirements to commence an aircraft acquisition programme of used Airbus A319 aircraft.Liberum Capital Limited acted as global co-ordinator and Liberum and WH Ireland Limited acted as joint bookrunners on the Placing.Says in relation to Republic of South Africa, Sanlam Securities UK Limited ( Sanlam) acted as broker on placing.

Flybe Group Plc announces sale of Flybe Nordic to Finnair

Wednesday, 1 Apr 2015 02:00am EDT

Flybe Group Plc:Says completion of the disposal of Flybe UK Ltd's 60 pct interest in Flybe Nordic to Finnair.The agreement, which was first announced on Nov. 12, 2014, is a significant step forward in Flybe's turnaround programme.

Finnair Oyj acquires Flybe Nordic on an interim basis - ownership discussions with Staffpoint and GWS continue

Tuesday, 31 Mar 2015 12:01pm EDT

Finnair Oyj:Acquires Flybe UK Ltd's 60 pct ownership of Flybe Nordic for a transaction price of 1 euro, and Flybe Nordic will transfer to Finnair's ownership on an interim basis.Says transaction has been closed on March 31.Finnair continues discussions about the continued ownership of Flybe Nordic.Finnair and StaffPoint Holding Ltd and G.W. Sohlberg Ltd. signed on Jan. 07 a Memorandum of Understanding about an arrangement according to which Staffpoint and GWS would own together 60 pct of Flybe Nordic shares.

China Eastern Airlines issues 2015 second tranche super short term financing notes

Friday, 27 Mar 2015 08:00pm EDT

China Eastern Airlines Corp Ltd:Issued 2015 second tranche super short term financing notes worth 3 bln yuan.Notes are with a term of 180 days and interest rate of 4.5 pct.


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