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Shenzhen Gas Corp Ltd completes issue of convertible corporate bonds


Tuesday, 24 Dec 2013 07:00pm EST 

Shenzhen Gas Corp Ltd:Says it has completed to issue convertible corporate bonds worth 1,600 million yuan, each with a face value and issue price of 100 yuan.Says the term of the bonds is six years and coupon rates of 0.60 pct, 0.90 pct, 1.20 pct, 1.50 pct, 1.80 pct and 2.00 pct for each year.Says the funds raised will be used for the construction of a natural gas reservation and pipeline project. 

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