China’s Hanhua Financial to offer RMB 900 million four-year bonds

By Marisa Wong

Morgantown, W.Va., Oct. 29 – Hanhua Financial Holding Co., Ltd. said it plans to issue RMB 900 million of four-year bonds.

The company will offer the bonds to online public investors and offline institutional investors, according to a company announcement.

This will be the second tranche of Hanhua’s proposed RMB 2.9 billion of domestic corporate bonds approved by the China Securities Regulatory Commission in May. In June the company announced a first tranche of five-year bonds totaling RMB 1.5 billion.

The financial services company is based in Chongqing, 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.