Bluestar Finance launches $3 billion medium-term note and perpetual securities program

By William Gullotti

Buffalo, N.Y., June 28 – Bluestar Finance Holdings Ltd. is listing a $3 billion medium-term note and perpetual securities program, according to an offering circular.

Notes and securities issued under this program are guaranteed by China National Bluestar (Group) Co. Ltd.

BOC International and Mizuho Securities are the arrangers and dealers of the program, dated June 25, under which Bluestar Finance may issue notes that may be listed or admitted to trading on the exchange. The program is expected to go into effect June 28.

The proceeds will primarily be used for debt refinancing, working capital and general corporate purposes.

Bluestar is a chemical product manufacturer based in Chaoyang, China.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.