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BRIEF-Jiangsu Bicon Pharmaceutical to set up buyout fund, issue bonds
November 1, 2017 / 9:16 AM / in 22 days

BRIEF-Jiangsu Bicon Pharmaceutical to set up buyout fund, issue bonds

Nov 1 (Reuters) - Jiangsu Bicon Pharmaceutical Listed Co

* Says it plans to issue up to 3.0 billion yuan ($453.71 million) bonds

* Says it plans to invest 200 million yuan to set up buyout fund worth 2.0 billion yuan

Source text in Chinese: bit.ly/2z9r3SX; bit.ly/2z3oh1J

Further company coverage: ($1 = 6.6121 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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