China Eastern Airlines Redeems SG$500 Million Bonds at 2% Coupon; Hong Kong Shares Up 3%

MT Newswires Live12:13

China Eastern Airlines (SHA:600115, HKG:0670) fully redeemed its SG$500 million guaranteed bonds issued in July 2021 by its Hong Kong subsidiary, Eastern Air Overseas.

Principal and final interest payments were due on July 15, according to a Wednesday filing with the Shanghai bourse.

The five-year bonds carried a 2.00% annual coupon rate.

Hong Kong shares of the airline rose nearly 3% in recent trade.

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