China Southern Airlines revives $149mn bond issue
China Southern Airlines (CZ, Guangzhou) has revived plans to raise CNY1 billion yuan (USD149 million) through its 17th ultra-short-term financing bond, after cancelling the same issue on August 18 amid market volatility. The relaunched bond is scheduled for issuance on September 3, with a 238-day term and an indicative interest rate of between 1.3% and 1.6%.
