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SF Express launches bond sale to raise cash for freighters

2019-11-25T15:23:39Z

SF Express has launched a bond issue that aims to raise Yuan5.8bn, with much of that money earmarked for investment in new aircraft.The Chinese express giant said that it would spend Yuan1.52bn of the money raised on aircraft for its fast-expanding SF Airlines division.Meanwhile, Yuan1.49bn will be spent on developing ...