China's Hilong Holding plans to sell notes via Deutsche Bank, HSBC

By Christine Van Dusen

Atlanta, June 4 - China's Hilong Holding Ltd. is planning an offering of notes with bookrunners Deutsche Bank and HSBC, according to a company filing.

The proceeds from the Regulation S deal will be used to repay bank borrowings, to expand the capacities of the company's coating materials and services segment and the oilfields segment, and for general corporate purposes.

Hilong is an integrated oilfield equipment and service provider based in Hong Kong.

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