MUSCAT / WAM The latest data released by the Statistical Centre for the Cooperation Council ...
Read More »HNA’s airline unit scraps bond sale
Bloomberg Chinese conglomerate HNA Group Co.’s flagship carrier cancelled a planned bond sale after weeks of soaring interest rates that had forced the debt-laden group’s units to pay some of their highest borrowing costs ever. Hainan Airlines Holding Co. had planned to sell $151.2 million of the perpetual securities in China’s local market to repay maturing debt, according to a ...
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