Asia/Pacific

Air China Eximbond achieves lowest coupon rate

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Air China Eximbond achieves lowest coupon rate

Air China has issued a $141 million Eximbond via special purpose company Phoenix 2012, which financed two new 777-300ERs. The bond, arranged by BNP Paribas and Citibank, attained the lowest coupon rate to date at 1.607%. ...

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