ASIA-PACIFIC

摘要

Grand china air (hk) made its second appearance in the offshore bond markets with a US$300m two-year benchmark priced to yield 5.5%. Grand China Air (HK), a wholly owned subsidiary of the Hainan Airline Group, was able to lock in tighter coupons versus its debut S$250m 2017s, which priced at 6% last year. The coupon was also smaller than for guarantor Hainan Airlines' Rmb3bn 6.25% 2017s.