King & Wood Mallesons represents the joint bookrunners and joint lead managers in connection with a further issue of US$120 million 6.90% guaranteed notes due 2019 by Hong Kong Airlines Limited (“Hong Kong Airlines”), which are consolidated and form a single series with Hong Kong Airlines’ US$180 million 6.90% guaranteed notes due 2019 issued on 20 January 2016.

The notes are issued by Blue Sky Fliers Company Limited, a wholly-owned subsidiary of Hong Kong Airlines, and are irrevocably and unconditionally guaranteed by Hong Kong Airlines International Holdings Limited, HKA Group Company Limited and Hong Kong Airlines. The notes were listed on the Hong Kong Stock Exchange on 31 March 2016.

Hong Kong Airlines is a Hong Kong based full-service network carrier with a network covering 31 cities in Asia Pacific region, of which 21 destinations are in the PRC. Hong Kong Airlines has the second largest market share on Hong Kong-China routes in the Hong Kong International Airport as of May 2015 and was the second largest airline group operating flights from Hong Kong in terms of average weekly departures from Hong Kong in 2014.

The King & Wood Mallesons team was led by Hong Kong-based partner Hao Zhou. He was supported by partner Richard Mazzochi, senior associate Michael Lu and associate Anran Zhou