July 13 – Shenzhen Airport (000089) won approval from the China Securities Regulatory Commission to issue two billion yuan worth of convertible bonds, reports yicai.com, citing a company fling.

The bonds have a duration of six years and mature on July 14 2017. The coupon rate for the six years are 0.6, 0.8, 1.0, 1.3, 1.6 and 1.9 percent respectively. Proceeds will be used to expand the company’s terminals at Shenzhen Airport.

Source:CapitalVue