China's BBMG announces plans to issue RMB 800 million five-year notes

By Marisa Wong

Madison, Wis., Nov. 29 - BBMG Corp. plans to issue RMB 800 million of five-year medium-term notes, according to a company news release.

The interest rate will be determined after bookbuilding is completed.

This is the second tranche of notes to be issued under regulatory approval received in September. The company received approval to issue up to RMB 2.8 billion of notes. The first tranche of RMB 2 billion was issued on Sept. 29.

BBMG is a building materials manufacturer in Beijing.

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