HONG KONG, March 28 (Reuters) - China Southern Airlines Co
Ltd said on Tuesday it would issue HK$1.55
billion ($199.6 million) worth of shares to a wholly-owned
subsidiary of American Airlines Group Inc., raising funds
for general working capital.
The Chinese carrier will issue 270.61 million H-shares,
representing 2.68 percent of the enlarged share capital of the
airline, it said in a filing to the Hong Kong bourse.
The shares will be issued at HK$5.74 apiece, or at a 4.6
percent premium to the previous close.
($1 = 7.7676 Hong Kong dollars)
(Reporting by Donny Kwok; Editing by Shri Navaratnam)