OVERSEAS REGULATORY ANNOUNCEMENT

RNS Number : 2066G

Air China Ld

04 August 2016

 

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

AIR CHINA LIMITED

(a joint stock limited company incorporated in the People's Republic of China with limited liability)

(Stock Code:00753)

CSRC'S APPROVAL ON PUBLIC ISSUE OF CORPORATE BONDS

OVERSEAS REGULATORY ANNOUNCEMENT

Reference is made to the announcement of Air China Limited (the "Company") dated 30 March 2016 relating to, among other things, the proposed public issue of corporate bonds by the Company.

On 2 August 2016, the Company received the Approval Document Zheng Jian Xu Ke No. [2016] 1719 from the China Securities Regulatory Commission (中國證券監督管理委員會) (the "CSRC") (the "CSRC's Approval"), which approved the Company's public issue of corporate bonds with an aggregate principal amount of no more than RMB12,000,000,000 (the "Corporate Bonds") to qualified investors in the PRC. The CSRC's Approval is valid for 24 months commencing from the date of the CSRC's Approval. The Corporate Bonds will be issued in stages, with the first tranche of the Corporate Bonds to be issued within 12 months of the date of the CSRC's Approval and the other tranches to be issued within 24 months of the date of the CSRC's Approval.

By order of the Board

Air China Limited

Rao Xinyu Tam Shuit Mui

Joint Company Secretaries

Beijing, the PRC, 3 August 2016

As at the date of this announcement, the directors of the Company are Mr. Cai Jianjiang, Mr. Song Zhiyong, Mr. Cao Jianxiong, Mr. Feng Gang, Mr. John Robert Slosar, Mr. Ian Sai Cheung Shiu, Mr. Pan Xiaojiang*, Mr. Simon To Chi Keung*, Mr. Stanley Hui Hon-chung* and Mr. Li Dajin*.

* Independent non-executive director of the Company

 

END

 

 

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