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China Eastern to issue USD76m in five-year notes

15-Feb-2011 10:10 AM

China Eastern Airlines announced plans to issue CNY500 million (USD75.8 million) of five-year notes on 21-Feb-2011 (Xinhua, 14-Feb-2011). The funds raised by the note issue will be used for adjusting corporate debt structure. China Development Bank will act as principle underwriter of the issue.