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China-based Legend Holdings proposes up to RMB 10 billion of bonds
By Marisa Wong
Morgantown, W.Va., June 3 – Legend Holdings Corp. is planning to issue up to RMB 10 billion of corporate bonds.
The bonds would be sold at par with maturities of no more than 15 years.
Proceeds would be used to repay interest-bearing borrowings.
The issuance is subject to regulatory approval.
Legend is a Beijing-based investment holding company.
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