Posted inChina

China Eastern Airlines to raise US$1.78 bn via A-shares

China Eastern Airlines is planning to raise 11.8 billion yuan (US$1.78 billion) through a private placement of A-shares, as well as HK$3.55 billion (US$450 million) via H-shares, The Paper reported. The private offering of A-shares will be issued to Jixiang Airlines, JuneYao Group and its designated subsidiaries, and China State-owned Enterprise Structure Adjustment Fund Co. […]