Hainan Airlines raises 595 million shares to raise 3 billion yuan

Source: Internet
Author: User
Keywords Bulletin asset-liability ratio
Hainan Airlines (600221) 26th announced that the company intends to 5.04 yuan/share of the price of the private issue of 595,238,094 shares, raise the total amount of about 3 billion yuan (including the issue fees), the issue of the object includes Hainan Province Development Holdings Limited and HNA Group Co.  The company intends to repay the bank loan with 2.047 billion yuan, and the remainder is used to replenish the liquidity. The bulletin said that the company's actual control of the Hainan Province Development Holdings Limited and the important related party HNA Group Co., Ltd. to cash subscription for the issuance of all the shares, the implementation of the company's capital injection, to solve Hainan aviation capital shortage, asset-liability ratio is too high, enhance the Company's continued operational capacity, improve the (Xing Bai Ying)
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