SF Express earmarks $212 million for aircraft purchases in latest bond offer

This week, Shenzhen-based SF Holdings, the parent of SF Express and SF Airlines, announced the issuance of six-year convertible bonds in hopes of raising US$825 million (5.8 billion yuan). Of this amount, the largest allocation, some $212 million, will go towards aviation-related expenses including maintenance of SF Airlines’ existing freighter fleet, and to fund the […]