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HK Airlines Shareholder Hainan Airlines Applies to Consortium for RMB4B Loans
The board of Hainan Airlines Holding (600221.SH), one of Hong Kong Airlines' shareholders, agreed to apply to a consortium led by China Development Bank and comprising seven ot...
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HK Airlines Shareholder Hainan Airlines Applies to Consortium for RMB4B Loans
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2019/12/03 08:23
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The board of Hainan Airlines Holding (600221.SH), one of Hong Kong Airlines' shareholders, agreed to apply to a consortium led by China Development Bank and comprising seven other banks, namely the Exim Bank of China, BANK OF CHINA (03988.HK), ABC (01288.HK), ICBC (01398.HK), CCB (00939.HK), BANKCOMM (03328.HK) and PSBC (01658.HK), for RMB4 billion of loans.

The three-year funding package comes with a fixed interest rate of 4.75% p.a..
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