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Hubei Xingfa Chemicals Group Co Ltd to Issue Mid-term Bills and Private Bonds


Friday, 28 Jun 2013 08:00pm EDT 

Hubei Xingfa Chemicals Group Co Ltd announced that it plans to apply to issue up to RMB 1 billion worth of mid-term bills, with a term of up to five years, for the repayment of bank loans and supplement of working capital. Industrial and Commercial Bank of China and China Merchants Bank will serve as the underwriters. The Company has also decided to issue RMB 500 million worth of private bonds, with a term of up to three years, for the supplement of operation funds, repayment of bank loans, and project investment. China Guangfa Bank will serve as the main underwriter for this issuance. 

Company Quote

11.1
0.1 +0.91%
2:59am EDT