Spring Airlines (SHA:601021) is looking to issue up to 10 billion yuan worth of bonds, according to a Saturday filing with the Shanghai bourse.
Proceeds from the issuance will help boost working capital, repay interest-bearing debts, buy fixed assets, and for other purposes.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.