China’s Legend Holdings eyes up to RMB 18 billion corporate bonds

By Marisa Wong

Morgantown, W.Va., Sept. 28 – Legend Holdings Corp. is proposing to issue up to RMB 18 billion of corporate bonds at par with maturities of up to 15 years, according to a notice.

Pricing will be determined through a book-building process.

Proceeds will be used to repay interest-bearing debt, replenish working capital and invest in projects and equity.

Legend is a Beijing-based investment holding company.

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