China's Global Dairy plans renminbi-denominated offering of notes

By Christine Van Dusen

Atlanta, March 29 - China's Global Dairy Holdings Ltd. is planning a renminbi-denominated offering of notes, a market source said.

Merrill Lynch and Macquarie Group are the bookrunners.

Proceeds will be used for general corporate purposes and to finance the company's vertical integration plan.

Global Dairy is a milk and milk products manufacturer and marketer based in Hong Kong.

© 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.