BRIEF-China's Aeolus Tyre to scrap 850 mln yuan bond issue plan

April 24 Thu Apr 24, 2014 7:51am EDT

April 24 (Reuters) - Aeolus Tyre Co Ltd

* Says to scrap 850 million yuan ($136.27 million) bond issue plan due to higher financing costs

Source text in Chinese:

Further company coverage: ($1 = 6.2376 Chinese Yuan) (Reporting by Hong Kong and Singapore newsrooms)

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