China’s Legend Holdings eyes RMB 10 billion renewable corporate bonds

By Marisa Wong

Morgantown, W.Va., Nov. 7 – Legend Holdings Corp. is proposing to issue up to RMB 10 billion of renewable corporate bonds in China.

The bonds will be offered at par in one or more tranches.

Proceeds will be used for equity or project investment, to repay interest-bearing debt and to replenish working capital.

The issuance is subject to regulatory approval and market conditions.

Legend is a Beijing-based investment holding company.

© 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.