China's Hidili Industry International to issue senior bullet notes

By Christine Van Dusen

Atlanta, Oct. 18 - China's Hidili Industry International Development Ltd. is planning an offering of senior unsecured bullet notes, according to a company filing.

Citigroup, Bank of America Merrill Lynch, UBS and JPMorgan are the bookrunners for the deal.

Proceeds will be used for general corporate purposes, to upgrade existing production capacity in the company's network of mines and facilities in Southwestern China, for existing machinery and infrastructure and to repay existing debt.

Hidili Industry is an integrated coal company in Panzhihua City, 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.