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 […]
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