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Bond News

News 11 April 2016
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Fixed Income: China’s HNA Group 8% CNY Bonds Could Climb To Par At 2017 Expiry

Fixed Income: China’s HNA Group 8% CNY Bonds Could Climb To Par At 2017 Expiry

*  Bloomberg reports Chinese conglomerate HNA Group Co. has agreed to buy Swiss airline catering company Gategroup Holding AG for 1.4 billion francs ($1.5 billion), as billionaire Chen Feng continues on an acquisition spree of aviation assets around the world. We see China HNA 2017 CNY 8.00% bonds climbing to PAR at expiry * Shareholders would get 53 francs […]

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