Shanghai Fosun Pharmaceutical Group Co Ltd to Issue Mid-term Bills


Wednesday, 30 Oct 2013 08:00pm EDT 

Shanghai Fosun Pharmaceutical Group Co Ltd announced that it has decided to apply for issuance of up to RMB 2 billion worth of mid-term bills in the national inter-bank bond market. The bills will be each with a term of up to seven years and the proceeds will be used for the supplement of working capital and repayment of bank loans.