China’s Bolina plans to sell HK$100 million two- to four-year bonds

By Marisa Wong

Morgantown, W.Va., Sept. 7 – Bolina Holding Co., Ltd. announced it plans to issue up to HK$100 million of corporate bonds with a coupon of 6½% or less and a maturity of two to four years.

The bonds will be sold at par.

Proceeds will be used to supplement offshore working capital.

Based in Changtai, Fujian, China, Bolina makes and sells toilets, washbasins, urinals, soap containers and other sanitary wares.

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