China's Hu An Cable unit to offer RMB 200 million of corporate bonds

By Marisa Wong

Madison, Wis., July 17 - Hu An Cable Holdings Ltd. said that its wholly owned subsidiary, Shenhuan Cable Technology Co. Ltd., is proposing to offer about RMB 200 million of corporate bonds to investors in China.

Daton Securities Co., Ltd. will be the manager and underwriter for the planned bonds.

Funds from the bond issue will be used to finance the subsidiary's working capital requirements.

Hu An is a wire and cable manufacturer based in Yixing, Jiangsu, 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.