China's BBMG to offer up to RMB 2.6 billion of short-term bonds, MTNs

By Marisa Wong

Madison, Wis., April 18 - BBMG Corp. plans to issue up to RMB 2.6 billion of short-term financing bonds and medium-term notes, according to a company news release.

The short-term financing bonds will have a maturity of one year or less, and the medium-term notes will have a maturity of no more than seven years.

Proceeds will be used to supplement the company's working capital.

BBMG is a building materials manufacturer in Beijing.

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