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China's Xinjiang Goldwind plans to price up to RMB 5 billion of bonds
By Angela McDaniels
Tacoma, Wash., April 19 - Xinjiang Goldwind Science & Technology Co., Ltd. plans to offer up to RMB 5 billion of bonds in China, according to a company news release.
The tenor of the notes will be 10 years or less.
Proceeds will be used for working capital and to repay bank loans.
The company will seek shareholder approval of the issue at its annual general meeting.
Xinjiang Goldwind makes wind turbines. It is based in Urumqi, China.
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