China’s Hanhua Financial Holding eyes debt financing instruments

By Marisa Wong

Morgantown, W.Va., April 9 – Hanhua Financial Holding Co., Ltd. is proposing to issue debt financing instruments with terms of up to 15 years.

The company said the purpose of the issuance would be to meet the demands of its operations, adjust its debt structure, replenish working capital and reduce financing costs.

The proposed issuance is subject to shareholders’ approval.

The financial services company is based in Chongqing, China.

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