Spring Airlines Co Ltd601021
± MixedCapitalrelevance
Plans to issue up to 10 billion yuan in bonds to fund working capital, repay debt, and buy assets; impact depends on use and market reception.

Spring Airlines announced that the company plans to publicly issue corporate bonds with a par value of 100 yuan each, issued at par, with total principal not exceeding 10 billion yuan, inclusive of 10 billion yuan. The bonds will have a term of no more than five years, inclusive of five years. After deducting issuance expenses, the proceeds will be used to supplement working capital, repay interest-bearing liabilities, purchase fixed assets, or for other purposes permitted by laws and regulations.
Spring Airlines Co LtdPlans to issue up to 10 billion yuan in bonds to fund working capital, repay debt, and buy assets; impact depends on use and market reception.