Beijing Jingkelong seeks to offer RMB 1 billion debt instruments

By Marisa Wong

Morgantown, W.Va., Sept. 10 – Beijing Jingkelong Co., Ltd. is proposing to issue up to RMB 1 billion of debt financing instruments, according to a notice.

The instruments, which may include corporate bonds, renewable corporate bonds and medium-term notes, will have maturities of no more than 10 years.

The proposed issuance is subject to shareholders’ approval.

The company is a Beijing-based retailer and distributor of daily consumer products.

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